Let the original salary of a person be 100 Rs.
His salary first increased by 10%.
\(⇒ 100\times (\frac{110}{100})\)
110 Rs.
After some time his salary is reduced by 10%.
\(⇒ 110\times (\frac{90}{100})\)
\(⇒ \)99 Rs.
Now, his final salary is 99 Rs. which is 1% less than his original salary.
Hence, the correct answer is -1%
The correct answer is (D):\(-1\%\)
List-I | List-II |
---|---|
(A) Confidence level | (I) Percentage of all possible samples that can be expected to include the true population parameter |
(B) Significance level | (III) The probability of making a wrong decision when the null hypothesis is true |
(C) Confidence interval | (II) Range that could be expected to contain the population parameter of interest |
(D) Standard error | (IV) The standard deviation of the sampling distribution of a statistic |