There are a lot of ways to test for an hypothesis. There are known five steps of a test of hypothesis through the use of the critical value approach. They are;
- One has to Specify the Null Hypothesis.
- You have to also specify the Alternative Hypothesis.
- Then you set the Significance Level.
- Calculate the Test Statistic and Corresponding P-Value.
- Lastly, Draw a Conclusion.
<h3> The critical value approach?
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- This is known as a method that involves the determining of the "likelihood" or "unlikelihood" by knowing if or not the observed test statistic is said to be of a more extreme measure than would be expected if the null hypothesis were true.
It often uses the sample data and then there is an assumption if the null hypothesis is true before one can calculate the value of the test statistic.
Learn more about the critical value approach from
brainly.com/question/7472579
Answer:
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Explanation:
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Answer:
54 dollars
Explanation:
Because this problem involves simple interest, and the money is only deposited for one year, you can calculate the amount of money in the bank after one year by thinking about a percent increase. Johnny starts with 50 dollars in his bank account, and we are given that he will experience an 8% increase over the year. This means that the amount of money in his bank account after one year is just 50 + 0.08*50 (the principal amount plus the simple interest, or amount of money that increases during the year). This is equal to 50 + 4, or 54 dollars.
Note that, whenever we are dealing with simple interest, the amount of money in the bank after a certain number of years is just P(1 + PRT), where P is the principal amount, R is the interest rate, and T is the number of years the money is in the bank.
The outer planets are Jupiter, Saturn, Uranus, and Neptune. Each planet began as microscopic dust and held in the accretion disk. The atoms and molecules began to stick together and formed into larger molecules. And the last one I dont know
