CFA Practice Question

There are 434 practice questions for this study session.

CFA Practice Question

Suppose a t-test for the hypothesis that H(O): μ = 0 vs. H(A): μ ≠ 0 is carried out and we find t(obs.) = 1.8. The descriptive significance level of the test is ______.
A. the Type I error probability of the test
B. the probability of getting a t-value >= 1.8 or <= -1.8
C. the Type II error probability of the test

User Contributed Comments 5

User Comment
thecfaguy Can someone explain !?!
Fernie you are not alone mate! lol
geofin "the descriptive significance level of the test" is just another (extremely rarely used) name for the p-value of the test.
Benn09 That's extremely annoying, I only saw "significance level"
mmccoy arghhhh
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