CFA Level 1 Reading 6: Hypothesis Testing - Complete CRASH COURSE 2023 - Wall Street Notes

Описание: Wall Street Notes CFA® Level 1 Crash course
Full course library: https://wallstreetnotes.com/p/level-1...

Topics covered in this video:
Quantitative Methods CFA® Level 1 2023
Reading 6: Hypothesis Testing

Learning Outcome Statements covered in this reading:
define a hypothesis, describe the steps of hypothesis testing, and describe and
interpret the choice of the null and alternative hypotheses

compare and contrast one tailed and two tailed tests of hypotheses

explain a test statistic, Type I and Type II errors, a significance level, how significance
levels are used in hypothesis testing, and the power of a test

explain a decision rule and the relation between confidence intervals and
hypothesis tests, and determine whether a statistically significant result is also
economically meaningful

explain and interpret the p-value as it relates to hypothesis testing

describe how to interpret the significance of a test in the context of multiple
tests

identify the appropriate test statistic and interpret the results for a hypothesis
test concerning the population mean of both large and small samples when the
population is normally or approximately normally distributed and the variance
is (1) known or (2) unknown

identify the appropriate test statistic and interpret the results for a hypothesis
test concerning the equality of the population means of two at least approximately
normally distributed populations based on independent random samples
with equal assumed variances

identify the appropriate test statistic and interpret the results for a hypothesis
test concerning the mean difference of two normally distributed populations

identify the appropriate test statistic and interpret the results for a hypothesis
test concerning (1) the variance of a normally distributed population and (2) the
equality of the variances of two normally distributed populations based on two
independent random samples

compare and contrast parametric and nonparametric tests, and describe situations
where each is the more appropriate type of test

explain parametric and nonparametric tests of the hypothesis that the population
correlation coefficient equals zero, and determine whether the hypothesis
is rejected at a given level of significance

explain tests of independence based on contingency table data

CFA Level 1 Reading 6: Hypothesis Testing - Complete CRASH COURSE 2022 - Wall Street Notes