Answer:
The number of degrees of freedom and the right-hand tail area α.
Explanation:
Chi Square Distribution
α is Significance level
If the p-value of hypothesis test < α , then we reject null hypothesis of the test.
So, α is basically a critical p-value which makes a rejection region in the right tail
Now, the statistic χ 2 also depends on the degrees of freedom
So, The value of χ2α in a particular situation depends on
the number of degrees of freedom and the right-hand tail area α.
Answer:
Following is attached the solution for each part of the question.
I hope it will help you a lot!
Explanation:
Answer:
Why did Europe initially desire to form a regional trading bloc? Europe was having economic problems and decided to join in regional integration to try and reduce the problem Critical Thinking Questions 1.
They gain some degree of power by means of differentiating their products from those of other firms in the industry. Remember that a monopolistic competition is the one where many firms selling products that are similar but not identical which is very different from oligopoly and the one known as imperfect competition
Answer:
The interest rate is 11%
Explanation:
The loan amount = $50000
Interest amount = $5500
Since the annual interest amount and the principal amount is given so we have to find the interest rate by using the given information. Below is the formula to find the interest rate.
Let the interest rate = x
Principal × interest rate = Interest amount
$50000 × r = $5500
r = $5500 / $50000
r = 0.11 or 11%
The interest rate is 11%
