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Basic Question 8 of 10
True or False? If False, explain why.
Significance at the α = .001 level means that the null hypothesis is almost certainly false.
User Contributed Comments 2
| User | Comment |
|---|---|
| nichmax | Certain means 100% - The null is supposed to be False for the reason explained above |
| bantoo | Probability of making type-I error is very low.So. null hypothesis is certainly rejected. |
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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.