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Basic Question 3 of 3
For a given line of best fit, you compute that r = 0.5204 using n = 9 data points, and the critical value is 2.3646. Can the line be used for prediction?
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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
Learning Outcome Statements
explain parametric and nonparametric tests of the hypothesis that the population correlation coefficient equals zero, and determine whether the hypothesis is rejected at a given level of significance
CFA® 2024 Level I Curriculum, Volume 1, Module 9.