The correct formula of the precipitate that is formed is Na₂SO₄ + Ni(OH)₂.
The solid substance, that is present at the bottom of the liquid, is insoluble in liquid.
The precipitate formed in reacting the nickel sulfate and sodium hydroxide is sodium sulfate and nickel hydroxide.
The formation of precipitate caused by the compound is called precipitant.
Thus, the correct formula for precipitate is Na₂SO₄ + Ni(OH)₂.
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