::: vuaskari.com ::: GDB idea solution of FIN611 & ECO404

i need idea solution of

ECO404

 

You have given the following information:

Null hypothesis: H₀ = There is no relationship between two variables X and Y

Alternative hypothesis: H₁ = There is significant relationship between two variables X and Y

Degree of freedom = 8

Level of significance = 5%

Calculated value of t statistic = 1.86

Tabulated value of t = 2.306

Use this information to answer, which hypothesis will you accept? Why?

 

FIN611

Mr. A and Mr. B are partners sharing the profits in the ratio of 2 & 3. Mr. C is admitted into the partnership with 1/5^th share of future profits. Calculate the new profit sharing ratio and the sacrifice ratio.

 

Regards

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