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Basic Question 10 of 13
In hypothesis testing, the p-value is ______.
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
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
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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.