- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 8. Hypothesis Testing
- Subject 3. Test Statistic and Significance Level
CFA Practice Question
The level of significance is ______.
II. the magnitude of the sample size
III. symbolized by the Greek letter α
IV. level of confidence = 1 - (level of significance)
I. the probability of rejecting the null hypothesis when the null hypothesis is true
II. the magnitude of the sample size
III. symbolized by the Greek letter α
IV. level of confidence = 1 - (level of significance)
Correct Answer: I, III and IV
User Contributed Comments 2
| User | Comment |
|---|---|
| azramirza | The prob of rejecting the null hypothesis when the null hypothesis is is true is alpha. So if I stands true then III is true. |
| HolzGe1 | alpha = probability of Type I-error = level of significance. |