hard · FRM Part 1 Quantitative Analysis

A regression coefficient has a p-value of 0.024. Which of the following is the most accurate interpretation regarding a two-tailed test at the 5% and 1% significance levels?

  1. Significant at 5%, but not significant at 1%.
  2. There is a 2.4% probability that the null hypothesis is true.
  3. Not significant at either the 5% or 1% levels.
  4. Significant at both 5% and 1% levels.

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