Lucy is going to invest in an account paying an interest rate of 7% compounded daily. How much would Lucy need to invest, to the
1 answer:
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Answer:
(a) The null hypothesis will be rejected.
(b) Type I error
(c) The null hypothesis will not be rejected. The error is type II error.
Step-by-step explanation:
The hypothesis provided is:
The p-value of the test obtained is 0.03
(a)
Decision rule for hypothesis testing, based on p-value, states that if the p-value is less than the significance level (α) then the null hypothesis is rejected and vice versa.
The significance level is α = 0.10
Then,
Thus, the null hypothesis will be rejected.
Conclusion:
The null hypothesis is rejected stating that the value of μ is more than 0.
(b)
If the decision in (a) is an error, i.e. the null hypothesis is rejected when in fact it is true, this type of error is known as type I error.
(c)
The significance level is α = 0.01
Then,
Thus, the null hypothesis will not be rejected.
Conclusion:
The null hypothesis was not rejected stating that the value of μ is 0.
If this decision is an error, i.e. the null hypothesis was not rejected when in fact it is false, this type of error is known as type II error.
Answer:
Draw the number line like in the picture.
Step-by-step explanation:
√5 is about 2.236, meaning it's kind of close to 2.25.
√7 is about 2.646, meaning it's very close to 2.625.
The perimeter of each is the sum of the lengths of its sides.
Triangle Perimeter = 16 + 4x-3 +3x = 7x+13
Square Perimeter = 2x +2x +2x +2x = 8x
If these are equal, you have
The length of a side of the square is 26 units.