The Bureau of Labor Statistics (bls.gov/opub /ted/2014/ted_20141112.htm, retrieved December 13, 2016) reported that 3.8% of college graduates

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The Bureau of Labor Statistics (bls.gov/opub /ted/2014/ted_20141112.htm, retrieved December 13, 2016) reported that 3.8% of college graduates were unemployed in October 2013 and 3.1% of college graduates were unemployed in October 2014. Suppose that the reported percentages were based on independently selected representative samples of 500 college graduates in each of these two years. Construct and interpret a 95% confidence interval for the difference in the proportion of college graduates who were unemployed in these two years.

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Introduction To Statistics And Data Analysis

ISBN: 9781337793612

6th Edition

Authors: Roxy Peck, Chris Olsen, Tom Short

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