and
The spontaneous overall reaction is the one with a positive value of . Since the term of the Nernst equation is generally a small correction, we guess
(If we have guessed wrong, we will get a negative voltage and we will know that the spontaneous reaction in fact runs in the opposite direction.) We compute the electrochemical potential from the Nernst equation:
and
The overall reaction is therefore
with and . From the Nernst equation, we have
Now that we know that iodate is reduced, the other half-reaction must be the oxidation of hydrogen:
or, after simplification,
Referring back to the balancing process, we see that . Therefore