What is meant when we say that a hypothesis test is
(a) exact? (b)approximately correct?

Short Answer

Expert verified

Based on the significance level equaling to αeither of the terms are used.

Step by step solution

01

Step 1. Given Information

Hypothesis test is either exact or approximately correct.

02

Step 2. Defining both the terms

(a) If the true significance level exactly equals toa{"x":[[48,41,31,21,8,4,9,18,31,39,41,47]],"y":[[8,29,66,75,68,37,17,8,10,32,59,73]],"t":[[0,0,0,0,0,0,0,0,0,0,0,0]],"version":"2.0.0"}, then we can say that the hypothesis test is exact.
(b) If the true significance level only approximately equals to α{"x":[[48,41,31,21,8,4,9,18,31,39,41,47]],"y":[[8,29,66,75,68,37,17,8,10,32,59,73]],"t":[[0,0,0,0,0,0,0,0,0,0,0,0]],"version":"2.0.0"}, then we can say that the hypothesis test is approximately correct.

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