Since the price is increasing by percentage, rather than a constant rate, we will be using the exponential equation format, which is y=ab^x (a = initial value, b = growth/decay)
Since the value was $590 in the year 2000, 590 will be our a variable.
Since the value is *increasing* by 35%, add 1 and 0.35 (35% in decimal form) together to get 1.35. 1.35 is going to be your b variable.
Putting our equation together, our equation is f(x) = 590(1.35)^x
The number of tests that it would take for the probability of committing at least one type I error to be at least 0.7 is 118 .
In the question ,
it is given that ,
the probability of committing at least , type I error is = 0.7
we have to find the number of tests ,
let the number of test be n ,
the above mentioned situation can be written as
1 - P(no type I error is committed) ≥ P(at least type I error is committed)
which is written as ,
1 - (1 - 0.01)ⁿ ≥ 0.7
-(0.99)ⁿ ≥ 0.7 - 1
(0.99)ⁿ ≤ 0.3
On further simplification ,
we get ,
n ≈ 118 .
Therefore , the number of tests are 118 .
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Answer:
<em>Parallel slopes</em>: two lines that has the same slopes but have different y-intercept
<em>Perpendicular slope</em>: two lines that are negative reciprocals(common) of each other
Answer:
The answer is 4
Step-by-step explanation:
