If the p-value is smaller than the level of significance, then it indicates strong evidence against the null hypothesis, as there is less than a 5% probability the null hypothesis is correct.
In this question,
A p-value is a probability, calculated after running a statistical test on data and it lies between 0 and 1. The p-value only tells you how likely the data you have observed is occurred under the null hypothesis.
One of the most commonly used p-value is 0.05. If the value is greater than 0.05, the null hypothesis is considered to be true. If the calculated p-value turns out to be less than 0.05, the null hypothesis is considered to be false, or nullified (hence the name null hypothesis).
A small p-value (< 0.05 in general) means that the observed results are unusual, assuming that they were due to chance only. Now, the smaller the p-value, the stronger the evidence that should reject the null hypothesis.
Hence we can conclude that if the p-value is smaller than the level of significance, then it indicates strong evidence against the null hypothesis, as there is less than a 5% probability the null hypothesis is correct.
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Answer:
$8,100
Step-by-step explanation:
Tyler owns a major medical policy with 70/30 coinsurance and a $3,000 deductible. If he submits a claim for $20,000, how much will he pay?
Tyler pays $8,100.
It can be calculated thus as $20,000 - $3,000 = $17,000.
So $17,000 x .30 = $5,100.
The sum of $3,000 deductible with the $5,100 coinsurance
($3,000 + $5,100= $8,100).
The correct answer is: $8,100
Insurance is a from of protection against financial loss. it is a type of risk management strategy used by businesses and individual entities.The entity that provides insurance is known as an Insurer
(-5)+13 = 8
-9+1=8
~I hope this helps!~
Answer:
300
Step-by-step explanation:
The total number of ratio units in 6:5 is 6+5=11, so each of those ratio units must stand for 550/11 = 50 detectives. Then the 6 ratio units of police detectives stand for 6·50 = 300 police detectives.
The graph is of a line with a negative slope that is decreasing at a constant rate. Negative, constant, decreasing is where it lives.