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- 2014-10-26
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OK, I went back and read some of the CFA material with a fresh mind. It seems to have stuck. I was able to decipher (please confirm, anish) that for the “less than” test, the lower alpha point is (1 alpha).
This was based on the BOK’s representation of the “Not equal to Halternative”: it recognizes that the lower (alpha/2) point is ((1 alpha)/2).
Given all this, can you confirm this example: Assume an “equal to/not equal to” test. Significance level = 0.10. DF = 10.
This implies (alpha/2) = 0.05
This also means that the upper (alpha/2) point is 18.307 and that the lower (alpha/2) point is the value at the intersection of DF=10 and alpha=0.475.
Thanks! |
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