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Basic Question 8 of 13
When we test the null hypothesis, if we find that the calculated value of the test statistic is as extreme as or more extreme than a given value, we ______.
B. say the result is not statistically significant
C. accept the null hypothesis
A. reject the null hypothesis
B. say the result is not statistically significant
C. accept the null hypothesis
User Contributed Comments 5
| User | Comment |
|---|---|
| dipu617 | Any explanation from anybody? |
| johntan1979 | No, go do your part and read up. |
| Shaan23 | reed a lot notes. then you'll understand the mistakes in that sentence and be able to do the question |
| tricorp | Cake question |
| zriddle | Size of the calculated value is > rejection point (given value) = result is statistically significant and the null hypothesis should be rejected. |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
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.