Consider the following statement and identify the wrong statements.
Statement I: Accepting null hypothesis, when it is false, is called a level of significance.
Statement II: $$1 - \alpha $$ is called power of a test.
Statement III: Critical value of $$Z$$ - static for two-tailed test at 5% level of significance is 1.96.
A. Statements I, II and III
B. Statements I and III
C. Statements II and III
D. Statements I and II
Answer: Option D
Related Questions on Business Statistics and Research Methods
A. The central limit theorem
B. The law of statistical regularly
C. The law of inertia of large numbers
D. None of the above
The difference between sample statistic and its corresponding population parameter is
A. Sampling error
B. Measurement error
C. Coverage error
D. Non-response error
A. Both (A) and (R) are true
B. (A) is true, but (R) is false
C. (A) is false, but (R) is true
D. Both (A) and (R) are false
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