You have a random sample of 10000 individuals in the labor force Of these individuals 400 report they are unemployed The remainder report that they are employed Test the null hypothesis that the unemployment rate equals five percent against the alternative that the unemployment rate does not equal five percent Use a five percent level of significance

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Giren n 10 000 P 400 O04 0000 x 5 005 91004 096 NO W ... View the full answer