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Basic Question 0 of 27

A hypothesis test is constructed at the 5% level of significance where the population standard deviation is unknown. A random sample of size n = 18 yields a sample mean of 67 and a sample standard deviation of 6. The critical value for H0: μ > 70 is ______.

A. -1.740
B. -1.645
C. 1.645

User Contributed Comments 8

User Comment
rufi will these tables provided in the exam?
arkot90 probably not...
achu I think the relevant table values will be provided. It's not reasonable to ask candidates to memorize table values.
bhaynes They are absolutley provided. You get a booklet with all relevant tables that you will needed.
thecfaguy They won't provide you with any booklet.... a set of relevant values will be provided for us to choose from....
safash there wont b any booklet....they wont even give you a spare paper to work out your problems on ,u have to some how manage it all on the question paper.
johntan1979 They WILL give you a table next to the question, just that they give you one with one-tailed and two-tailed together, so you still need to figure out which one to use.
sgossett86 you're not even allowed to use a calculator for most of the problems. and you have to answer a lot of these thought provoked questions in thirty seconds or less. they want to know that you know this stuff, not that you're reasoning or eliminating your way through these multiple choices...
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

calculate and interpret the present value(PV) of fixed-income and equity instruments based on expected future cash flows

calculate and interpret the implied return of fixed-income instruments and required return and implied growth of equity instruments given the present value (PV) and cash flows

CFA® 2025 Level I Curriculum, Volume 1, Module 2.