7). select a level for (C)
[ explantion:-
we use to stae the hypothesis , calculate the test statitsic, formulate a decision rule and select a level of significance () ]
8). true (the tick sign)
[ explanation:-
here,according to the coase theorem property right is clearly defined..so, it is obvious that the farmer will negotiate with his neighbour.]
*** if you have any doubt regarding the problem ,please write it in the comment box...if satisfied,please UPVOTE.
7 Which of the following is NOT one of the six steps in the hypothesis testing...