1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
joja [24]
4 years ago
13

What is the relationship between the alpha level, the size of the critical region, and the risk of a type i error?

Business
1 answer:
quester [9]4 years ago
4 0
Alpha level is a probability value that is used to define the concept of "very unlikely" in a hypothesis. This value determines he boundaries for the critical region, which is composed of the extreme sample values that are very unlikely to be obtained if the null hypothesis is true. Type I error is <span>when a researcher rejects a true null hypothesis.</span>
The relationship between the alpha level, the size of the critical region, and the risk of a type i error is the following: when the alpha level increases, the critical region increases and type I error increases.
You might be interested in
one reason a company might prefer FDI over exporting. presence or threat of trade barriers costs of acquiring a foreign enterpri
kkurt [141]

Answer:

Presence or threat of trade barriers

Explanation:

If a company sees that a specific country has a presence or threat of trade barriers, the company will prefer to invest directly in foreign companies, instead of exporting.

This is because trade barriers, like tariffs or import quotas, will likely reduce the potential revenue that the company would get from exporting. It could reduce revenue so much as to make the company lose money.

8 0
3 years ago
Sam wants to purchase a new computer and go to the Caribbean for spring break. The computer is priced at $1,299, and the vacatio
KATRIN_1 [288]

Answer: Unit of account; Store of value; Medium of exchange.

Explanation:

Sam can easily know that the price of the computer system is more than the price of the vacation. This is a Unit of Account.

Unit of account is measuring of the value of a product against another in terms of a specific currency.

Sam has $1,537 in his checking account. This is a Store of value.

Store of value means an asset or money can be saved and retrieved at a later time, for future use.

Sam writes a check for $1,299 is a medium of exchange.

Medium of exchange is used to facilitate trade between parties. He exchanged money for the computer.

5 0
3 years ago
You own a house that you rent for $1,675 per month. The maintenance expenses on the house average $315 per month. The house cost
Trava [24]

Answer:

The value that should be placed when analyzing the option of using the house as a professional office is $242,880

Explanation:

In calculating cash flow of a project, opportunity cost is very important hence be made part of the cash flow

Incremental cash flow = Appraisal on the house - Real estate fees

=$264,000 - $21,120

= $242,880

7 0
3 years ago
Read 2 more answers
The unemployment rate in the United States is usually​ ________ than the unemployment rates in most other​ high-income countries
bogdanovich [222]

Answer:

The answers are:

  • lower
  • more stringent

Explanation:

In order for an individual to be considered unemployed, the individual must be over 18 years old, be currently out of job, but actively seeking a new job.

The current unemployment rate in the US is 3.7% (as of August 2019) while the unemployment rate in the EU is 6.2%.

In order for an individual to collect unemployment benefits, usually he or she must meet the following requisites:

  • They must be out of work through no fault of their own.
  • They must meet minimum earnings or job tenure requirements.
  • They must be able, available, and actively seeking work.

4 0
3 years ago
Savvy consumers often purchase automobiles from dealerships at the end of the quarter or at year-end since dealers who meet thei
leonid [27]

Answer:

cumulative quantity discounts

Explanation:

Many customer’s purchase items and commodities at the end of the seasons because at year-end, the sellers, manufacturers and dealers offer various discounts to clear the inventory. Likewise, customers of savvy often buy commodities at the end of a quarter or a season to earn cumulative quantity discounts; it is a discount that is given to consumers who buy a specific amount of quality.

8 0
3 years ago
Other questions:
  • (Chemical Manufacturing) A chemical manufacturer produces a certain chemical compound every Sunday, which it then sells to its c
    14·1 answer
  • Healthy Snacks has a target capital structure of 60 percent common stock, 3 percent preferred stock, and 37 percent debt. Its co
    13·1 answer
  • Listed below are several terms and phrases associated with basic assumptions, broad accounting principles, and constraints. Pair
    12·1 answer
  • Yi Company began operations on January 1, 2013. During 2013, the company engaged in the following cash transactions: 1) issued s
    9·2 answers
  • When the Mexican government changes the fixed exchange rate of the peso relative to the U.S. dollar from 1.5 (pesos/U.S. dollar)
    10·1 answer
  • Financial information is presented below: Operating Expenses $ 90800 Sales Returns and Allowances 26600 Sales Discounts 11200 Sa
    15·1 answer
  • Marketing intermediaries that solicit orders from retailers or other wholesalers and have the products delivered directly from t
    12·1 answer
  • The management approach of _____ was one of the first to recognize that enriching the lives of organizational and community fami
    5·1 answer
  • Which of the following represents the correct order in which the indicated budget documents for a manufacturing company would be
    6·1 answer
  • Explain the importance of the primary sector and provide an example
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!