Question：

The null hypothesis is most likely to be rejected when the p-value of the test statistic:

A. exceeds a specified level of significance.

B. is negative.

C. falls below a specified level of significance.

Answer = C

If the p-value is less than the specified level of significance, the null hypothesis is rejected.

CFA Level I

"Hypothesis Testing," Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, and David E. Runkle

Section 2

 

 

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