A hypothesis is: an estimate of the value of a parameter. an appropriate test statistic and its probability distribution. a statement about the value of some effect size or parameter of one or more populations.

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).

Question Of The Week: Level 1 - Quantitative Methods (5) - CFA Level 1

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This topic has 1 reply, 1 voice, and was last updated Mar-208:30 am by MarkMeldrum.

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- MarkMeldrum
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  23 Mar 2020 at 7:26 pm
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  A hypothesis is:
  - an estimate of the value of a parameter.
  - an appropriate test statistic and its probability distribution.
  - a statement about the value of some effect size or parameter of one or more
    populations.
- MarkMeldrum
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  - Undecided
  27 Mar 2020 at 8:30 am
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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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