What is Hypothesis Testing- Many a times, we want to test the validity of a statement. For example, is the mean return from this...
COURSE
Hypothesis Testing
In this course, you will learn about hypothesis testing, used for validating dataset hypotheses, along with techniques to test a hypothesis.
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Study Notes for CFA Level I
- ### Test Statistic A test statistic is a quantity, calculated based on a sample, whose value is the...
- A decision rule is the rule based on which the null hypothesis is rejected or not rejected. We firs...
- The p-value is the probability, computed using the test statistic, that measures the support (or lac...
- You can identify the appropriate test statistic for your data as follows: 