The decision when the z value is within the rejection region is that we'll have to reject the null hypothesis.
<h3>What is a rejection region?</h3>
It should be noted that the rejection region is also known as the critical region. It is the set of values where the null hypothesis is rejected.
When the observed test statistic is in the rejection region, we'll have to reject the null hypothesis and then accept rte alternative hypothesis.
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First let's calculate the profit in the deal, subtracting the market value and the selling value:
So the profit is $55,000.
Now, calculating the fee of 10% of the profit, we have:
So the fee is $5,500, therefore the correct option is the fourth one.
Yes because the base is equal to top and doubles the distance which affects the inside area.
