Hhey

Who needed protection from railroads? 1865-1900 apush

On a certain portion of an experiment, a statistical test result yielded a p-value of 0.18. what can you conclude? 2(0.18) = 0.36 < 0.5; the test is not statistically significant. if the null hypothesis is true, one could expect to get a test statistic at least as extreme as that observed 18% of the time, so the test is not statistically significant. if the null hypothesis is true, one could expect to get a test statistic at least as extreme as that observed 82% of the time, so the test is not statistically significant. 0.18 > 0.05; the test is statistically significant. p = 1 - 0.18 = 0.82 > 0.05; the test is statistically significant.

How can firms use marginal analysis to determine the price of a product? a) profit maximization can occur when the marginal cost exceeds the marginal revenue. b) the total cost of production can determine the individual unit price of a product. c) marginal analysis can be used to determine at what price profit maximization occurs. d) firms can calculate the marginal cost of a product and set the price lower than the cost.