In April of 2011, the unemployment rate in Canada was reported to be 7.4%. Suppose that Statistics Canada claims that the current unemployment rate is lowerthan that of April 2011. Suppose a test was conducted on current unemployment and a random sample size of 1000 found an unemployment rate at 6.1%. Testan appropriate hypothesis and state your conclusion. Use a significance level of 1.0%.(a) What are the null and alternative hypotheses?Họ: p0.074 +HẠ: P0.074 +(b) What is the test statistic? (Round your answer to 2 decimal places, if needed.)(c) Using the statistical table, what is the p-value? (Round your answer to 4 decimal places, if needed.)(d) Based on the p-value, fail to reject +the null hypothesis.(e) This data does not provide + sufficient evidence to conclude that the unemployment rate has decreased since April of 2011.

Given n=1000 Pcap=0.061 Significance level=0.01

Answered: April of 2011, the unemployment rate in…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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