Seeing is believing!

Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.

Basic Question 10 of 13

In hypothesis testing, the p-value is ______.

A. a quantity, calculated on the basis of a sample, whose value is the basis for deciding whether to reject the null hypothesis
B. the smallest level of significance at which the null hypothesis can be rejected
C. the dividing value between the acceptance and rejection regions
D. the value against which the computed value of the test statistic is compared to decide whether or not to reject the null hypothesis

User Contributed Comments 0

You need to log in first to add your comment.
Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh

Craig Baugh

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.