Answer:
Step-by-step explanation:
Answer:
B. Since P-value is greater than the significance level, we fail to reject the null hypothesis
Explanation:
Given Significance Level is 0.05 and the P-Value is 0.078
Since P-value greater than the significance level the best explanation is given by
Option B i.e.,
Since P-value is greater than the significance level, we fail to reject the null hypothesis
Answer:
It is not odd
Step-by-step explanation:
In order to solve this problem you would put it into the formula for interest rate which is P(1+r/n). P is the amount of money in this case it is $900. r is the percentage as a decimal so in this case it would be 0.065. n is number of times that cost is paid in this case 4 since it is paid quarterly. So the formula is 900(1+0.065/4)=$914.625