Answer:
5% significance level indicates the level of risk, error or exactness. It guides our conclusion on which hypothesis a data supports
Level of significance defined as the possibility, probability or chances of rejecting a null hypothesis when it's results is valid.
For every statistical hypothesis, the result has propency or likeliness to be exact or not. That is, it has chances of containing a type of error referred to as level of significance.
Now, a 5% significance level implies that, the statistical results or analysis has 95% reliability or confidence level.
In other words, a 5% significance level indicates that a result has 0.05 RISK level.
The level of significance is needed for every hypothetical test because it indicates validity of each hypothesis data. It gives confidence such that one is at peace to know the hypothesis a particular data supports
Answer:
2.99
Step-by-step explanation:
Take the total cost and divide by the number of cards
71.76/24 = 2.99
The cost per car is 2.99
Answer: 30 m
Step-by-step explanation: i think this is correct and i apologize if it’s not, but there’s two ways you could do this. 1: initial X increase/decrease in decimal form. in this case, 24 X 1.25 (125% in decimal form). 2: you could figure out what 25% of 24 meters is in the same way as method 1, and then multiply that answer by five to get 125%. i reallyyy hope this helped and if it’s wrong i’m really sorry, but good luck!
To solve this equation you must add $400 and $50 togeather. After you do that your equation will then be. M=450(2)x.
Answer:
$3,750
Step-by-step explanation:
Find how much 3% of 125,000 is. Divide 3 by 100 and then multiply that by 125,000. You get 3,750, which is how much interest Moran will earn.