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Basic Question 1 of 2
If you run 20 tests at a 5% significance level, the probability of you getting a false positive result (FDR) is ______.
A. 5%
B. 64%
C. 95%
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Your review questions and global ranking system were so helpful.
Lina
Learning Outcome Statements
describe how to interpret the significance of a test in the context of multiple tests;
CFA® 2024 Level I Curriculum, Volume 1, Module 6.