The reasoning of Frank is not correct. The value of 5 is the thousandths place is 1/10 times the value of 5 in the hundredths place instead of being 10 times.
In the question, we are given the number 0.555.
We can write it as:-
0.555 = 0.500 + 0.050 + 0.005
0.500 is the value of tenths place
0.050 is the value of hundredths place
0.005 is the value of thousandths place
We know that,
0.050*(1/10) = 0.050/10 = 0.005
Hence, the value of 5 is the thousandths place is 1/10 times the value of 5 in the hundredths place.
To learn more about thousandths place, here:-
brainly.com/question/21467438
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Answer:
It measures the probability of observing your test statistic, assuming the null hypothesis is true.
Step-by-step explanation:
The p-value, also known as the probability value <u>measures the probability of observing your test statistic, assuming the null hypothesis is true.</u>
A low p-value means a higher chance of the null hypothesis to be true.
It lies between 0 and 1. A small p-value indicates fewer chances of the null hypothesis to be true.
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right angles or 90º angles
A=futurer amount
P=present amount
r=rate in decimal
n=number of times compounded per year
t=time in years
A=2500
r=0.05
n=2
t=2
divide both sides by [tex} 1.025^{4} [/tex]
2264.88=P
he should invest
$2264.88
