Answer:
Option D - Will not be rejected at the 0.05 level.
Step-by-step explanation:
The significance level, which is denoted as "α", is a measure of the strength of the evidence that must be present in a sample before we can reject the null hypothesis and conclude that the effect is statistically significant. Now, this significance level must be determined before conducting an experiment.
Now, in the context of this question, the significance level is the probability of rejecting the null hypothesis when it is true. For example, a significance level of 0.05 means a 5% risk of concluding that a difference exists when there is no actual difference. Now, lower significance levels will indicate that we require stronger evidence before we can reject the null hypothesis.
Thus, if we don't reject at α = 0.1,we obviously will not reject at higher values.
Thus, looking at the options, we will not reject at 0.05 significance level.
Answer:
67% (rounded)
Step-by-step explanation:
Since there is 1-6,
There is 3,4,5,6 which is 4/6 chance being above 2.
2/3 = 66.6%
C = 150000 + 17n
where,
C = Total Cost per year = Fixed Cost + Variable Cost
n = Number of Widgets produced each year
17n = Variable Cost
150000 = Fixed Cost
Thus, the final answers are 1 and -1/8.
Answer:
2.80
Step-by-step explanation:
4% of 70 is = 2.80
70% of 4 is = 2.80