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Basic Question 4 of 10
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)
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. |
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Tamara Schultz
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® 2024 Level I Curriculum, Volume 1, Module 8.