Which of the Following Statements Is (Are) Not True

question 65

Multiple Choice

Which of the following statements is (are) not true?

• A)The probability of making a Type II error increases as the probability of making a Type I error decreases.
• B)The probability of making a Type II error and the level of significance are the same.
• C)The power of the test decreases as the level of significance decreases.
• D)None of the above statements are true.

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Definitions:

Exhaustive

Involving an extensive and thorough examination or analysis of a subject or thing, leaving no part overlooked.

Funds Flow

The movement of money into and out of an organization, project, or financial product, typically analyzed for assessing financial health.

Excise Tax

A tax on the sale or use of specific products or transactions.

Excise Tax

A tax levied on specific goods or activities, such as alcohol, tobacco, and gasoline, often intended to discourage their use or to raise revenue.