Answer:
Option B - False
Step-by-step explanation:
Critical value is a point beyond which we normally reject the null hypothesis. Whereas, P-value is defined as the probability to the right of respective statistic which could either be Z, T or chi. Now, the benefit of using p-value is that it calculates a probability estimate which we will be able to test at any level of significance by comparing the probability directly with the significance level.
For example, let's assume that the Z-value for a particular experiment is 1.67, which will be greater than the critical value at 5% which will be 1.64. Thus, if we want to check for a different significance level of 1%, we will need to calculate a new critical value.
Whereas, if we calculate the p-value for say 1.67, it will give a value of about 0.047. This p-value can be used to reject the hypothesis at 5% significance level since 0.047 < 0.05. But with a significance level of 1%, the hypothesis can be accepted since 0.047 > 0.01.
Thus, it's clear critical values are different from P-values and they can't be used interchangeably.
20 because of the whole is 40 and the shaded part is by 20 you just take half of 40 and you get 20
476.00×5%=23.80 tax=476+23.80=499.80
499.80×15%=74.97
499.80+74.97=574.77
Answer:
50
Step-by-step explanation:
3*50=150. 150/5=30 pounds
