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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 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.