A home video entertainment set is offered for sale for P18,000 down payment and P1800 every 3 months for the balance, for 18 months. If interest is to be computed at 10% converted quarterly, what is the cash price equivalent of the set? 2. Cocoy wants to accumulate P 230,000 in 9.5 years. Equal deposits are made at the end of each quarter in an account that pays 15% compounded quarterly. What is the size of each deposit? 1.

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Hypothesis Testing

In statistics, there are two ways to calculate the sample data. One is descriptive statistics and the other is inferential statistics.  In descriptive statistics, all of the information is defined through graphs and charts. In inferential statistics, it allows one to test the hypothesis and it is always used to predict the data. Inferential statistics has two main areas: estimating parameters and hypothesis testing. A hypothesis is a statement about the unknown parameter of the population which we want to verify from the information available from the sample. The premise may or may not be true. The estimation of the whole population would be a reasonable way of deciding if the statistical hypothesis is valid. There are two types of hypotheses. They are null hypothesis and alternative hypothesis.