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GREYUIT [131]
3 years ago
12

A conservative statistical test is one that question 22 options: minimizes both type i and type ii errors. minimizes type i erro

rs, but increases the chance of type ii errors. minimizes type ii errors, but increases the chance of type i errors. increases the chance of both type i and ii errors.
Business
2 answers:
Neko [114]3 years ago
7 0
A conservative statistical test is one that MINIMIZES TYPE I ERRORS BUT INCREASE THE CHANCE OF TYPE II ERRORS.
A conservative statistical test refers to a statistical test that control type I errors at a level that is much smaller than 5%. During the process of reducing type I errors one may increase the probability of type II errors.
astra-53 [7]3 years ago
3 0
The answer is it minimizes type I error but increase the chance of Type II error. The normal margin of error is 5% and when a statistical test shows that it is smaller than 5%, then it commits type I error. When there is an lesser type I error, it will increase the probability to commit a type II error.
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Assume €1 = $1.1364 and $1 = S$1.2408. A new coat costs S$213 in Singapore. How much will the identical coat cost in euros if ab
alexandr402 [8]

Answer:

151.05 euro

Explanation:

The computation is shown below:

Data provided in the question

€1 = $1.1364

$1 = $1.2408

And the new coat cost is $213 in Singapore

So, by considering the above information

The 1 euro = $1.1364 × $1.2408 = $1.4100512

So,

$1 = 1 ÷ $1.4100512 euro = 0.709194

So, the identical coat cost is

= $213 ×  0.709194

= 151.05 euro

5 0
3 years ago
John would like to move from the suburbs into the city, but the rent in the city is very high.john has found an apartment he rea
RSB [31]
John could either keep looking for an apartment that he can afford 100% of, or he could look for a roommate and go 50/50 on the monthly rent. 
7 0
3 years ago
Suppose you receive at the end of each year for the next three years. a. If the interest rate is ​, what is the present value of
Furkat [3]

Answer:

the question is missing the numbers, so I looked for a similar question:

Suppose you receive $100 at the end of each year for the next three years. a. If the interest rate is 8%, what is the present value of these cash flows? (Answer: $257) b. What is the future value in three years of the present value you computed in (a)? (Answer: $324.61) c. Suppose you deposit the cash flows in a bank account that pays 8% interest per year. What is the balance in the account at the end of each of the next three years (after your deposit is made)? How does the final bank balance compare with your answer in (b)?

a) PV = $100/1.08 + $100/1.08² + $100/1.08³ = $257.71

b) FV = $257.71 x (1 + 8%)³ = $324.64

c) FV = ($100 x 1.08²) + ($100 x 1.08) + $100 = $324.64

it is exactly the same as the answer for (b)

5 0
2 years ago
What happens to consumption and investment spending when the Federal Reserve decreases the money supply
Illusion [34]

Answer: Consumption and investment spending decrease or falls.

Explanation:

When the Federal Reserve decreases the money supply, this will lead to a fall in the consumption and investment spending. This is a contractionary policy by the government which is typically used to curb inflation.

Since there's reduction in money supply, there'll be less money in circulation and hence, decrease in consumption and investment expenditure.

3 0
3 years ago
Talks-A-Lot, Inc. sells cell phones to customers and expects that 10% of phones sold will be returned for repair under its warra
Gnom [1K]

Answer:

Product warrant liability to be reported as on 31.12.2021* is $3.124

<em>*The procedures are attached in a microsof excel document. </em>

Explanation:

This amount will be recognized as a liability only if product warranty amount can be rmeasured reliabily and there is probability that there will be an outflow of funds.

Download xlsx
6 0
2 years ago
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