Answer: The probability of rejecting the null hypothesis, when it is true, is 5%.
Step-by-step explanation:
We know that the level of significance ( denoted as
) is generally the probability of rejecting the null hypothesis when it is true.
Therefore , If the level of significance (\alpha[/tex] ) 0.05, then it means that it is the probability of rejecting the null hypothesis when it is true.
i.e. The probability of rejecting the null hypothesis when it is true= 0.05
In percent : 
Hence, the correct option is : The probability of rejecting the null hypothesis when it is true is 5%.
Answer:
c. (1, 3)
Step-by-step explanation:
The coordinates that best suite the equation, given it the answer.
Answer:
Range= $144,000
Step-by-step explanation:
The least amount for each car is 22,000 and the highest is 25,000
so assuming the dealer sells all of them the lowest price, the revenue would be, $1,056,000 (that would be the lowest revenue) and assuming he sells all the cars at the highest price, the dealer will get a revenue of $1,200,000. So the lowest revenue is 1,056,000 and the highest revenue is 1,200,000. So to find the range subtract the highest revenue by the lowest and you’ll get $144,000.