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!!!
If you would like to solve 2x + 5y = - 13 and 3x - 4y = -8, you can do this using the following steps:
<span>2x + 5y = -13 /*4
3x - 4y = -8 /*5
</span>_________________
8x + 20y = -52
15x - 20y = -40
_________________
8x + 15x + 20y - 20y = -52 - 40
23x = -92 /23
x = -92 / 23
x = -4
<span>2x + 5y = -13
</span>2 * (-4) + 5y = -13
-8 + 5y = -13
5y = -13 + 8
5y = -5
y = -1
(x, y) = (-4, -1)
The correct result would be D.) <span>(-4, -1).</span>
Answer:
Option A,$ 1,832.91 is correct
Step-by-step explanation:
The monthly payment can be computed using the below pmt formula i excel shown below:
=pmt(rate,nper,-pv,fv)
rate is the monthly rate on the mortgage which is 17.5%/12=0.014583333
nper is the number of months of payment i.e 30*12=360
pv is the amount of the loan which is $125,000
fv is the total amount of repayment which is unknown
=pmt(0.014583333
,360,-125000,0)=$ 1,832.91
The correct option is A,$ 1,832.91 which is the amount of money they need to pay back on the mortgage for 360 months
The answer would be C. The line is best fit so the Y-intercept wouldn't show EXACTLY how much it would cost, just around how much it would cost. (Approximately)
