Hypothesis Testing (2024 CFA® Level I Exam – Quantitative Methods – Learning Module 8)


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Topic 1 – Quantitative Methods
Learning Module 8 – Hypothesis Testing
– LOS: Explain hypothesis testing and its components, including statistical significance, Type I and Type II errors, and the power of a test.
– LOS: Construct hypothesis tests and determine their statistical significance, the associated Type I and Type II errors, and power of the test given a significance level.
– LOS: Compare and contrast parametric and nonparametric tests, and describe situations where each is the more appropriate type of test.

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