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Basic Question 4 of 10
The level of significance is ______.
II. the magnitude of the sample size
III. symbolized by the Greek letter α
IV. level of confidence = 1 - (level of significance)
I. the probability of rejecting the null hypothesis when the null hypothesis is true
II. the magnitude of the sample size
III. symbolized by the Greek letter α
IV. level of confidence = 1 - (level of significance)
User Contributed Comments 2
User | Comment |
---|---|
azramirza | The prob of rejecting the null hypothesis when the null hypothesis is is true is alpha. So if I stands true then III is true. |
HolzGe1 | alpha = probability of Type I-error = level of significance. |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
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Learning Outcome Statements
explain hypothesis testing and its components, including statistical significance, Type I and Type II errors, and the power of a test
CFA® 2024 Level I Curriculum, Volume 1, Module 8.