Inferential Statisticshard
0:00.0

In a clinical trial, a researcher tests the efficacy of a drug using the Wald statistic W=(β^0)2SE(β^)2W = \frac{(\hat{\beta} - 0)^2}{SE(\hat{\beta})^2}. When the likelihood surface is highly asymmetric due to a small sample size, which phenomenon describes the failure of the Wald test to reject H0H_0 as the estimate β^\hat{\beta} moves away from the null?