The alpha level should always be set to 0.05.
The supplied statement;
How should you select the alpha() level when doing a significance test in practice,
⇒ Use a higher alpha when the consequences of wrongly rejecting the null hypothesis are more severe. Select alpha () = 0.05 in every situation since it is the best option. Use a smaller alpha when the consequences of wrongly rejecting the null hypothesis are more severe.
To learn more about significance test click here:
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Answer:
yes
Step-by-step explanation:
add all the numbers without a minus.
Answer:
The best buy item is the Frito-Lay mi Variety Pack. Going for only 0.35 per item.
Step-by-step explanation:
All I did was the equations and then I compared the answer, the lowest answer is the best buy since it is the lowest price found.
Frito-Lay:
9.88/28 = 0.35
Unit rate is 35 cents
Pringles:
6.48/18 = 0.36
Unit rate is 36 cents
Pack of 18:
11.21/18 = 0.6
Unit rate is 60 cents
Pack of 24:
15.85/24 = 0.66
Unit rate is 66 cents
GC:
14.75/30 = 0.49
Unit rate is 49 cents
Sweet Treats:
10.75/25 = 0.43
Unit rate is 43 cents
Comparing all of this data, it can easily be seen that the Frito-Lay mi Variety Pack is the best deal you can find out of these 6 deals.
