CFA CFA Level 1 Question of the Week: Level 1 – Quantitative Methods

Question of the Week: Level 1 – Quantitative Methods

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    • Avatar of MarkMeldrumMarkMeldrum
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        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).

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