Your answer to this question is increased by $1000
If the critical value is the only thing of interest, then this question is quite easy. Referencing a z table, you look up the percentage of interest: in this case, we must be 97.5% certain in order to accept the null hypothesis (significance level =2.5%. The number that corresponds to .9750 on the z table is 1.96. This is our critical value.
Answer:
15.26%
Explanation:
Let the expected return if economy is normal be X
Expected return ; E(R) = SUM(probability. *return)
E(R) =15.1% OR 0.151 as a decimal
RECESSION: (probability. *return) = -0.08 * 0.02 = -0.0016
NORMAL: (probability. *return) = 0.87 *X = 0.87X
BOOM: (probability. *return) = 0.11 *0.18 = 0.0198
Next, sum the three returns and equate them to 0.151;
-0.0016 + 0.87X + 0.0198 = 0.151
0.87X + 0.0182 = 0.151
Subtract 0.0182 from both sides;
0.87X = 0.151 - 0.0182
0.87X = 0.1328
Divide both sides by 0.87 to solve for X;
X = 0.1526 as a decimal or 15.26%
Therefore, expected return if economy is normal is 15.26%
Answer:
I think it might be B. or C. If I was taking this, I would pick C. Let me know if I was right!
Explanation:
This minimum competence of the trial is to make the person understand that the charges filed against them are compatible and if he or she can work with the lawyer
Explanation:
The persons who are mentally unstable are given some relaxations and are given minimum punishments at the time of the trail and the law also some rules in exempting them from all the punishments and give them minimum penal judgement
The court gives them a minimum competence and this period is given to the person to understand the charge and the time to work with his or her lawyer
