The Employment and Training Administration reported that the U.S. mean unemployment insurance benefit was $238 per week
Question:
a. Develop appropriate hypotheses such that rejection of H0 will support the researcher's contention.
b. For a sample of 100 individuals, the sample mean weekly unemployment insurance benefit was $231 with a sample standard deviation of $80. What is the p-value?
c. At α = .05, what is your conclusion?
d. Repeat the preceding hypothesis test using the critical value approach.
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Related Book For
Statistics For Business And Economics
ISBN: 9780538481649
11th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
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