Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

CFA Events Calendar

View full calendar

Recommended Discussions

See how our partners can help you ace your CFA exams.

Question of the Week: Level 1 - Quantitative Methods

A hypothesis is:

Question of the Week: Level 1 - Quantitative Methods 9 votes

an estimate of the value of a parameter.
22% 2 votes
an appropriate test statistic and its probability distribution.
0% 0 votes
a statement about the value of some effect size or parameter of one or more populations.
77% 7 votes

Comments

  • MarkMeldrumMarkMeldrum OntarioPosts: 28 Associate

    The correct answer is Option C.


    A hypothesis is defined as a statement about the value of some effect size or parameter one or more populations.


    To test a hypothesis, one of the steps would be to identify an appropriate test statistic and its probability distribution (Option B is incorrect).


    The field of statistical inference has two subdivisions: estimation and hypothesis testing.  Estimation focuses on the likely value of a given parameter (Option A is incorrect).

Sign In or Register to comment.