Suppose the national unemployment rate is 3.5%. In a survey of n = 450 people in a rural Wisconsin county, 22 people are found to be unemployed. County officials apply for state aid based on the claim that the local unemployment rate is higher than the national average. Test this claim at the .05 significance level.

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Chapter1: Starting With Matlab
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Step 5: Decide whether to accept or reject Ho.
Step 6: Conclusion
Transcribed Image Text:Step 5: Decide whether to accept or reject Ho. Step 6: Conclusion
Suppose the national unemployment rate is 3.5%. In a survey of n = 450 people in a rural
Wisconsin county, 22 people are found to be unemployed. County officials apply for state aid based on
the claim that the local unemployment rate is higher than the national average. Test this claim at the
.05 significance level.
Step 1: Null and Alternative Hypothesis
00:
00:
Step 2: Level of Significance
Level of Significance =0.05
Step 3: Determine the Critical Region
Critical Region:
Step 4: Compute the z-value
Computations:
Transcribed Image Text:Suppose the national unemployment rate is 3.5%. In a survey of n = 450 people in a rural Wisconsin county, 22 people are found to be unemployed. County officials apply for state aid based on the claim that the local unemployment rate is higher than the national average. Test this claim at the .05 significance level. Step 1: Null and Alternative Hypothesis 00: 00: Step 2: Level of Significance Level of Significance =0.05 Step 3: Determine the Critical Region Critical Region: Step 4: Compute the z-value Computations:
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