The U.S. Census Bureau conducts annual surveys to obtain information on the percentage of the voting-age population that is registered to vote. Suppose that 679 employed persons and 690 unemployed persons are independently and randomly selected, and that 429 of the employed persons and 369 of the unemployed persons have registered to vote. Can we conclude that the percentage of employed workers (P1), who have registered to vote, exceeds the percentage of unemployed workers (P2), who have registered to vote? Use a significance level of α = 0.05 for the test. Step 5 of 6: Determine the decision rule for rejecting the null hypothesis Ho. Round the numerical portion of your answer to three decimal places. Reject Ho if
The U.S. Census Bureau conducts annual surveys to obtain information on the percentage of the voting-age population that is registered to vote. Suppose that 679 employed persons and 690 unemployed persons are independently and randomly selected, and that 429 of the employed persons and 369 of the unemployed persons have registered to vote. Can we conclude that the percentage of employed workers (P1), who have registered to vote, exceeds the percentage of unemployed workers (P2), who have registered to vote? Use a significance level of α = 0.05 for the test. Step 5 of 6: Determine the decision rule for rejecting the null hypothesis Ho. Round the numerical portion of your answer to three decimal places. Reject Ho if
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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