- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 8. Hypothesis Testing
- Subject 4. Type I and Type II Errors in Hypothesis Testing
CFA Practice Question
If a researcher, testing the null hypothesis H0: 53 < μ < 57 vs. Ha: μ < 53 or μ > 57, found that it is equal to 56 when in reality it is equal to 59, identify the type of error that has been made.
A. Type II
B. Type I
C. Neither of these choices are correct.
User Contributed Comments 3
| User | Comment |
|---|---|
| danlan | Type II: accept false H0 |
| Shelton | Type I: False Rejection Type II: False Acceptance |
| farhan92 | i need a break... |