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balu736 [363]
2 years ago
15

If the p-value = 0.008, what conclusion can be drawn?

Mathematics
1 answer:
Paladinen [302]2 years ago
3 0

Answer: option A is correct, we accept the null hypothesis.

Step-by-step explanation:

At a 5% level of significance, p = 0.05, therefore when p < 0.05, accept the null hypothesis (H°) and reject the alternative hypothesis (H¡). When p > 0.05, we reject the null hypothesis (H°) and accept the alternative hypothesis (H¡)

Given the p-value to be 0.008, this is less than the 5% threshold, that is, 0.05, hence we accept the null hypothesis.

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7 0
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keeping in mind that 21 months is more than a year, since there are 12 months in a year,  then 21 months is really 21/12 years.


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\bf ~~~~~~ \stackrel{\textit{account B}}{\textit{Simple Interest Earned}} \\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\dotfill &28\\ P=\textit{original amount deposited}\dotfill \\ r=rate\to 4.9\%\to \frac{4.9}{100}\dotfill &0.049\\ t=years\to \frac{21}{12}\dotfill &\frac{7}{4} \end{cases} \\\\\\ 28=P(0.049)\left( \frac{7}{4} \right)\implies \cfrac{28}{(0.049)\left( \frac{7}{4} \right)}=P\implies \boxed{326.53\approx P}


so, clearly, you can see who's greater.

3 0
3 years ago
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2 years ago
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