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In April of 2011, the unemployment rate in Canada was reported to be 7.3 %. Suppose that Statistics Canada claims that the current unemployment rate is lower than that of April 2011. Suppose a test was conducted on current unemployment and a random sample size of 1200 found an unemployment rate at 6.0%. Test an appropriate hypothesis and state your conclusion. Use a significance level of 10.0%. (a) What are the null and alternative hypotheses? Ho: P 0.073 + HA: P (b) What is the test statistic? (Round your answer to 2 decimal places, if needed.) 0.073 (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, reject (e) This data provides Check the null hypothesis. + sufficient evidence to conclude that the unemployment rate has decreased since April of 2011.

In April of 2011, the unemployment rate in Canada was reported to be 7.3 %. Suppose that Statistics Canada claims that the current unemployment rate is lower than that of April 2011. Suppose a test was conducted on current unemployment and a random sample size of 1200 found an unemployment rate at 6.0%. Test an appropriate hypothesis and state your conclusion. Use a significance level of 10.0%. (a) What are the null and alternative hypotheses? Ho: P 0.073 + HA: P (b) What is the test statistic? (Round your answer to 2 decimal places, if needed.) 0.073 (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, reject (e) This data provides Check the null hypothesis. + sufficient evidence to conclude that the unemployment rate has decreased since April of 2011.

MATLAB: An Introduction with Applications
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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In April of 2011, the unemployment rate in Canada was reported to be 7.3%. Suppose that Statistics Canada claims that the current unemployment rate is lower than that of April 2011. Suppose a test was conducted on current unemployment and a random sample size of 1200 found an unemployment rate at 6.0%. Test an appropriate hypothesis and state your conclusion. Use a significance level of 10.0%. (a) What are the null and alternative hypotheses? Ho: P 0.073 + HA: p (b) What is the test statistic? (Round your answer to 2 decimal places, if needed.) 0.073 (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, reject (e) This data provides Check the null hypothesis. + sufficient evidence O conclude that the unemployment rate has decreased since April of 2011.
Transcribed Image Text:In April of 2011, the unemployment rate in Canada was reported to be 7.3%. Suppose that Statistics Canada claims that the current unemployment rate is lower than that of April 2011. Suppose a test was conducted on current unemployment and a random sample size of 1200 found an unemployment rate at 6.0%. Test an appropriate hypothesis and state your conclusion. Use a significance level of 10.0%. (a) What are the null and alternative hypotheses? Ho: P 0.073 + HA: p (b) What is the test statistic? (Round your answer to 2 decimal places, if needed.) 0.073 (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, reject (e) This data provides Check the null hypothesis. + sufficient evidence O conclude that the unemployment rate has decreased since April of 2011.
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