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Basic Question 4 of 8
For the hypothesis test below where the decision is reject H0, a Type I error could have been committed. A correct discussion of the error would involve ______
B. going along with the conclusion that the population mean is 90 or more when in fact it is greater than 90.
C. concluding that the population mean is less than 90 when in fact it is greater than or equal to 90.
A. concluding that the population mean is 90 or more when in fact the population mean is less than 90.
B. going along with the conclusion that the population mean is 90 or more when in fact it is greater than 90.
C. concluding that the population mean is less than 90 when in fact it is greater than or equal to 90.
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
explain hypothesis testing and its components, including statistical significance, Type I and Type II errors, and the power of a test
CFA® 2025 Level I Curriculum, Volume 1, Module 8.