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Which of the following statements relating to Tests of Hypothesis are correct ? Select the correct code.
Which of the following statements relating to Tests of Hypothesis are correct ? Select the correct code. Statement I : Type-I error occurs when true null hypothesis gets rejected by the test. Statement Il : Beta value denotes the power of the test. Statement III : To test the significance of the goodness of fit of a distribution, F-test is applied. Statement IV : When H0 : mM > mF, two-tailed test is applied for testing the hypothesis. Statement V : The critical value of Z-statistic for two-tailed test at 5% level of significance is 1?96.
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Correct Answer : Option (C)