IIA Exam IIA-CGAP Topic 7 Question 95 Discussion

Actual exam question for IIA's IIA-CGAP exam

Question #: 95
Topic #: 7

All of the following are the general steps to follow when testing a hypothesis EXCEPT:

AState the null and alternative hypotheses.

BEstablish the criterion for rejecting or accepting the null hypothesis.

CAnalyze the data. Data analysis involves collecting sampled items, estimating the parameter, and calculating the value of the sample mean.

DAccept the null hypothesis only.

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Suggested Answer: D

by Dawne at Jan 09, 2025, 09:58 AM

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2 days ago

Wait, don't we need to analyze the data and calculate the sample mean? That's a pretty crucial step.

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5 days ago

You're right, we need to analyze the data before making any conclusions. So, the answer should be D) Accept the null hypothesis only.

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8 days ago

Hmm, accepting the null hypothesis only? That's a bold move, but I'm not sure it's the right approach.

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11 days ago

I disagree, the correct answer is D) Accept the null hypothesis only because we also need to analyze the data.

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16 days ago

I think the answer is D) Accept the null hypothesis only.

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