Answer: (a)
P - Value = 0.0981 is high, this indicates stronger evidence that we should fail to reject the null hypothesis: H0: pD = pR (There is no significant difference between the proportion of Democrats who plan to vote for the Democratic candidate in the upcoming election and the proportion of Republicans who plan to vote for the Republican candidate in the upcoming election). P - Value = 0.0981 is the probability of obtaining results at least as extreme as the observed results of the Hypothesis Test, assuming that the null hypothesis is correct.
(b)
Since P - Value = 0.0981 is greater than \alpha = 0.05, the difference is not significant. Fail to reject null hypothesis.
(c)
Since in the Hypothesis Test, we have failed to reject null hypothesis, we could have made: Type II Error: Failure to reject a false null hypothesis. One potential consequence of this error is as follows:
Suppose in reality there is significant difference between the proportion of Democrats who plan to vote for the Democratic candidate in the upcoming election and the proportion of Republicans who plan to vote for the Republican candidate in the upcoming election. But the political pollster wrongly concludes that there is no significant difference between the proportion of Democrats who plan to vote for the Democratic candidate in the upcoming election and the proportion of Republicans who plan to vote for the Republican candidate in the upcoming election. Type II Error is committed in this situation. The consequence of this Type II Error is that the political pollstar will that the political parties are loyal and will not do any follow up work whereas in reality it is not so.
Step-by-step explanation:
got this from chegg!!!
Not equivalent to any of the given expressions.
Step-by-step explanation:
Hence, 
is not equivalent to any of the given expressions.
They were 1 mile away from each other.
4-3=1 mile
Answer: He will receive only $55080 against the fire insurance that caused damage the property.
Explanation:
Since we have given that a house worth $250,000 has a coinsurance clause of 90 percent .
But the owner insure the property for $191,250.
That means the owner does not insure the property for his full value ,
Amount incurred on fire that caused damage =$80,000
Amount he will receive against his insurance is given by
Hence, He will receive only $55080 against the fire insurance that caused damage the property.
