Chartered Financial Analyst Level 1
Get started today
Ultimate access to all questions.
Comments
Loading comments...
Ultimate access to all questions.
The probability of correctly rejecting a false null hypothesis is best defined as the:
A
p-value, which represents the smallest level of significance at which the null hypothesis can be rejected.
B
power of the test, which is the probability of correctly rejecting the null hypothesis when it is false.
C
level of significance, which is the probability of rejecting a true null hypothesis (Type I error).