Answer:
- Determine the null and alternative hypotheses.
- Select a level of significance.
- Draw a random sample, and calculate the sample statistic.
- Decide whether to reject or fail to reject the null hypothesis.
Step-by-step explanation:
The steps that involve testing a hypothesis can be sorted like this:
First, we have to determine the null and alternative hypothesis. This is related directly to the claim we are trying to prove.
Second, we select a level of significance. This depends on how conservative we want to be with the conclusions. We have to do it before evaluating the test statistic, although it is not involved in its calculations.
Third, we draw a random sample, and calculate the sample statistic. This is the core of the hypothesis test, were we use the information of a sample to infer a characteristic of the population.
Fourth and last, with the results of the test statistic, we decide whether to reject or fail to reject the null hypothesis. This leads to the conclusions about the claims.
The answer will mostly be true if you know the answers
Answer & Explanation:
First, divide the nominal rate by the number of compounding periods. The result is the periodic rate. Now add this number to 1 and take the sum by the power of the number of compounding interest rates. Subtract 1 from the product to get the effective interest rate.
Answer:
QD = 13
Step-by-step explanation:
According to the Centroid theorem of a triangle, the Centroid is ⅔ of the distance from every vertex angle to the midpoint of the side opposite to each of them.
By this we can deduce that:
QD = ⅔(QD + DK)
Substitute
QD = ⅔(QD + 6.5)
Multiply both sides by 3
3*QD = 2(QD + 6.5)
3QD = 2QD + 13
Subtract both sides by 2QD
3QD - 2QD = 13
QD = 13