When someone is on trial for suspicion of committing a crime, the hypotheses are:H0 : innocentHA : guiltyWhich of the following is correct?

A) Type I error is acquitting a guilty person.
B) Type I error is convicting an innocent person.
C) Type II error is acquitting an innocent person.
D) Type II error is convicting an innocent person.

B

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Generally speaking, the IRR should be lower than the hurdle rate

Indicate whether the statement is true or false

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If Enrique leaves the money in the account until he is 68, by approximately what amount would the balance increase between his 62nd and 68th years?

As a teenager, Enrique learned a valuable lesson from his dad, who told him to invest $1,000 at 8 percent interest at age 20 and leave the money alone until age 65. Enrique's dad knew that one strategy used by wealthy people is to exercise self-discipline and never touch a long-term savings plan. Enrique is happy to apply his dad's advice. A) $14,872 B) $108,569 C) $8,291 D) $35,551

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