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.

Q: With the aid of a diagram explain credit rationing

A: Credit describes the provision of funds or resources providing  by a lender to a borrower, with the…

Q: Is there any e-business apps that you would suggest to a small business in order to help it survive…

A: e-business is functioning very well during the pandemic, whether it was small or big business…

Q: what is the meaning of a research instrument

A: The word "research instrument" refers to any device you may employ to gather, measure, and analyse…

Q: What about the data collection methods?

A: Data collection: It refers to the information assortment which is the most common way of…

Q: What impact do small business owners have on the country’s economy?

A: The objective of this question is to understand the role and impact of small businesses on a…

Q: What about barbados?

A: Here's a  comprehensive overview of Barbados' economic situation and the rationale behind the…

Q: I also need help with C and D

A: The advertisement cost is a sunk cost, and this is exceptionally prominent in the oligopoly market.…

Q: Impact of technology in society

A: Technology plays a great role in society. With growth in technology,efficiency increases and…

Q: At end of the day, who has better life, an employee who works hard for a high salary or A…

A: Business economics is a branch of economics that deals with business organizations,…

Q: why it is less likely to people to migrate from urban to rural?

A: Migration is an economic process where people move from a city/place to another in search of better…

Q: What are the various other types of research?

A: Research may be formalized or exploratory.

Q: Why are families so important to the American economy?

A: Rising monetary disparity in the United States and all over the planet is broadly considered a…

Q: What is GST in Canada? How does it works? and it's Importance?

A: The Goods and Services Tax (GST) in Canada is a value-added tax introduced by the federal government…

Q: How does the Time Value of Money help people plan for retirement?

A: The Time Value of Money (TVM) plays a critical role in retirement planning by helping people…

Q: What role do you feel reconciling and blending plays in servant leadership?

A: We should take note of that teams will generally perform better when group objectives and cycles are…

Q: What is humanitarian aid ?

A: Humanitarian aid: Assistance or help whether it's materialistic assistance or logistical assistance…

Q: write a blog on how small business can continue to grow?

A: A Small Business Blog Has 4 Business Advantages Blogging not only improves your web presence but…

Q: What is the purpose of citation in business research? Please use reference

A: Business research refers to the research done in the fields of management, business decisions, and…

Q: Data literacy and career: what's the deal?

A: The capacity to understand, work with, analyze, and communicate with data is known as data…

Q: What are the importance of awards and quality certifications in business organizations?

A: Awards and quality certifications increase the brand of the business organization. For the…

Q: What is considered normal and expected about the way people do things in a specific country.

A: The economy involves all the functioning of the financial institutions along with the several…

Q: What strategies can be used to improve motivation in Jamaica and Trinidad's workplace?

A: Improving employee motivation is important as it improves their productivity. Other key strategies…

Q: What is economic and e commerce

A: This can be described as a form of market in which no single producer or consumer has the power to…

Q: s and explanatio

A: The process of risk quantification by assigning numbers being comparable and measurable to the…

Q: What is the earliest human being

A: Hominids were the earliest human-like species, and homo sapiens is a member of this group. Hominids…

Q: Why does the community need to do research?

A: Research refers to the activity in which an individual or a group of individuals collects data for a…

Q: How can you make money from waste? what occupation it can give to people?

A: The field of economics that focuses on the study of the relationship between the environment and the…

Q: What are three ways that starting a new business helps the economy?

A: The concept of management and development of a business venture for gaining profit through taking…

Q: How did economic change and urbanization affect family life?

A: Contrary to popular belief, urbanization is considered just as much a social as an economic…

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.