Question
Statistics for Economics Question on Probability theory
In the hypothesis testing, which of the following defines the size of power of the test?
A
1- (Probability of accepting null hypothesis when it is true)
B
1- (Probability of rejecting null hypothesis when it is true)
C
1- (Probability of accepting null hypothesis when it is false)
D
1 + (Probability of rejecting null hypothesis when it is not true)
Answer
1- (Probability of accepting null hypothesis when it is false)
Explanation
Solution
The correct option is (C): 1- (Probability of accepting null hypothesis when it is false)