Answer:
If we compare the p value and using the significance level given 
we have 
so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can said that at 5% or 1% of significance we fail to reject the null hypothesis.
Step-by-step explanation:
It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.
The significance level is not provided but we can assume it as . First we need to calculate the degrees of freedom like this:
The next step would be calculate the p value for this test. Since is a bilateral test or two tailed test, the p value would be:
If we compare the p value and using the significance level given we have so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can said that at 5% or 1% of significance we fail to reject the null hypothesis.
Answer:
The laspeyres method of weighted aggregate price index is used of LIFO inventory valuation, therefore laspeyres index number is 106.08
Step-by-step explanation:
First of all we would have to perform the following table:
Product Ending Inventory(Q0) Begining(P0) Ending(P1) P0×Q0 P1×Q0
A 500 0.15 0.21 75 105
B 50 1.60 1.80 80 90
C 100 4.50 4.20 450 420
D 40 12.00 13.40 480 536
Total 1085 1151
Therefore, using laspeyres index number, we calculate the following:
laspeyres index number=(∑P1×Q0/∑P0×Q0)×100
laspeyres index number=(1151/1085)×100
laspeyres index number=106.08
Answer:
Gospel Music frontiers Soul and Blues in American Music Industry. Gospel music has been a source of inspiration and solace for millions of listeners. Born out of traditional African American folk music and religious hymns, Gospel inspired a variety of American music
Answer:
(5,-1)
Step-by-step explanation:
