A TWO-TAILED TEST OF THE NULL HYPOTHESIS THAT THE MEAN OF A DISTR...

15. - MOCK AND SAMPLE EXAMS CFA 2012 L1 SAMPLE EXAM V1 QUESTION
MOCK AND SAMPLE EXAMS CFA 2012 L1 SAMPLE EXAM V1 QUESTION
15. A two-tailed test of the null hypothesis that the mean of a distribution is equal to 4.00 has a p-value of 0.0567. Using a 5% level of significance(i.e.,α=0.05), the best conclusion is to: A. Reject the null hypothesis. B. Accept the null hypothesis. C. Increase the level of significance to 5.67%.