Question: The State of Florida reported that the average unemployment benefit
The State of Florida reported that the average unemployment benefit for people who were unemployed as the result of damage done by Hurricane Charley was $ 224 (source: floridajobs.org). You take a random sample of 200 workers who were unemployed because of the damage done by Hurricane Charley and find that the average unemployment benefit for the sample was $ 207. Can we use this sample result to reject the state’s claim and conclude that the overall average benefit is less than $ 224? State the appropriate decision rule in $. Use a significance level of 10% and a population standard deviation of $ 206. (Show the null hypothesis as H0: μ > $ 224 and the alternative as Ha: μ < $ 224.)
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