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UCF QMB 3200 Final Exam Test Study Guide Questions and Answers (Verified Answers) 1.As the test statistic becomes larger, the p-value ANS becomes smaller.
2.The probability of making a Type I error when the null hypothesis is true as an equality is called the ANS level of significance.
3.In hypothesis testing, the tentative assumption about the population para- meter is called ANS the null hypothesis.
4.The p-value 1 / 2
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ANS must be a number between 0 and 1.
5.For a two-tailed test, the p-value is the probability of obtaining a value for the test statistic as ANS unlikely as that provided by the sample.
6.What is the probability of making a Type I error
ANS 5ü
7.Applications of hypothesis testing that only control for the Type I error are called ANS significance tests.
8.Which of the following does not need to be known in order to compute the p-value ANS The level of significance.
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