Which One of the Following Terms Would Best Describe the Type

question 162

Multiple Choice

Which one of the following terms would best describe the type of compounding that occurs when interest is compounded continuously?

• A) Irregular.
• B) Daily.
• C) Minute by minute.
• D) Annually.
• E) Instantaneous.

---

Definitions:

Null and Alternative Hypotheses

In hypothesis testing, the null hypothesis is a statement of no effect or no difference, and the alternative hypothesis is the statement that researchers seek to provide evidence for.

One-Sample Test

A statistical test used to determine whether a sample mean significantly differs from a known or hypothesized population mean.

Hypothesized Proportion Value

A specified value of a population proportion in hypothesis testing that serves as the basis for comparing with the proportion observed in the sample data.

Proportion

A part, share, or number considered in comparative relation to a whole; a fraction or percentage of a total.