IFoA CT3 Sept 2014 Q6ii -alpha value

Discussion in 'CT3' started by deepakraomore, Dec 16, 2014.

  1. deepakraomore

    deepakraomore Member

    If not specified in the question, we take alpha=0.05 ; However in Sep'14 Q-6-ii alpha=0.001 and 0.005.
    by using 0.001 Ho accepted and by 0.005 Ho rejected.
    Now in such case how to decide alpha value and rejection or acceptance of Ho?
     

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