Mathematics · Hypothesis Testing
Which of the following statements relating to Tests of Hypothesis are correct? Select the correct code. Statement I: Type-I error occurs when a true null hypothesis gets rejected by the test. Statement II: Beta (β) value denotes the power of the test. Statement III: To test the significance of the goodness of fit of a distribution, F-test is applied. Statement IV: When H0: μM > μF, a two-tailed test is applied for testing the hypothesis. Statement V: The critical value of Z-statistic for a two-tailed test at 5% level of significance is 1.96.
- 1Statement IV and Statement V
- 2Statement III and Statement IV
- 3Statement II and Statement III
- 4Statement I and Statement V✓
Correct answer
Statement I and Statement V
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