What is the probability that this spinner will stop on orange when it is spun? write the probability as a fraction in simplest f
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The stronger the evidence is against the null hypothesis, the higher the divergence from it.
What do you mean by null hypothesis ?
A statistical hypothesis known as a null hypothesis asserts that no statistical significance can be found in a collection of provided observations. Using sample data, hypothesis testing is performed to judge a theory' veracity. It is sometimes referred to as just "the null," and its symbol is . To determine if a theory regarding markets, investing methods, or economies is correct or wrong, quantitative analysts employ the null hypothesis,
The null hypothesis states that the percentage of the population who works full time is 0.45.
As a result, 450 persons who are randomly selected from a population of 1000 work full-time.
A different hypothesis states that the ratio is higher than 0.45.
In the options provided, the proportion for the first option is 300/1000, or 0.3.
In the second choice, 500/1000 equals 0.5
Third alternative: 700/1000 = 0.7
Therefore, the stronger the evidence is against the null hypothesis, the higher the divergence from it.
To learn more about the null hypothesis from the given link.
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Answer:
3yrs
Step-by-step explanation:
Given parameters:
Capital = $700
Percentage interest = 4% per annum
Unknown:
Time it will take for amount to be = $784
Solution:
To find the simple interest on an amount;
I =
P is the principal
R is the rate
T is the time
I is the interest
Insert the parameters:
I =
I = 28T
So;
At the end of the duration:
Principal + Interest = Amount
700+28T = 784
28T = 784 - 700
28T = 84
T = 3yrs