Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Basic Question 13 of 13
Consider the following statements about confidence intervals and tests of significance:
II. A test of significance is a test wherein we wish to ascertain whether or not the value of an unknown population parameter is as stated by an individual or institution.
III. If our confidence interval contains the value of the unknown population parameter as hypothesized under H0, then we would not reject H0 in a two-sided hypothesis test.
I. A confidence interval is a range of values within which we believe that a certain unknown population parameter will fall with a certain degree of confidence.
II. A test of significance is a test wherein we wish to ascertain whether or not the value of an unknown population parameter is as stated by an individual or institution.
III. If our confidence interval contains the value of the unknown population parameter as hypothesized under H0, then we would not reject H0 in a two-sided hypothesis test.
Which statements are true?
User Contributed Comments 4
| User | Comment |
|---|---|
| wundac | That's the lesson in a nutshell |
| jayj001 | statements successfully considered. next. |
| LoveIvie | Nice summary! |
| ldfrench | Borat say VERY NICE! |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
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.