National unemployment rate

Assignment Help Basic Statistics
Reference no: EM131717763

In 1987, when the unemployment rate for the nation was 6.2 percent, a sample of 370 Boston workers showed that 10 were unemployed. ( Data simulated from Freeman, 1991.) Do these data provide sufficient evidence at the 0.01 significance to conclude that the unemployment rate in Boston was less than the national unemployment rate in 1997?

a. What are the H0 and H1? what is the test statistic?

b. What is the sampling distribution of p?

c. What is the P-value?

d. state the conclusion in terms of this problem

Reference no: EM131717763

Questions Cloud

Prepare the journal entries to record transactions : On April 1, it established a petty cash fund in the amount of $253. Prepare journal entries to record transactions related to petty cash for the month of April
What is the probability that you would be able to perform : What is the probability that you would be able to perform like this or worse again?
Define positive competency beliefs and values : empirical research article from a peer-reviewed psychology journal that relates to the Donald Trump
Explain the role of lobbying and campaigning in social work : Discussion: The Social Work Advocate in Politics. Post an explanation of the role of lobbying and campaigning in social work practice.
National unemployment rate : Do these data provide sufficient evidence at the 0.01 significance to conclude that the unemployment rate in Boston was less than the national unemployment rate
Evolutionary pressures selected for humans : evolutionary pressures selected for humans who can harm others
What is the expected yield to maturity : A 10-year U.S. Treasury bond with a par value of $1,000 is currently selling for $1,015 from various security dealers. The bond carries a 7 percent coupon rate.
Describe the core attributes of an effective team : Explain how the core concepts of emotional intelligence would enhance the social skills and the decision-making efficacy of the management team.
Confidence interval for the population mean : The following data were collected from a random sample of 10 asthmatic children enrolled in a research study and reflect the number of days

Reviews

Write a Review

Basic Statistics Questions & Answers

  Federal minimum wage

The Federal minimum wage is $7.25 (effective July 2009). If an employee earns the new minimum wage, how many complaints can that employee expect to receive?

  Write the inverse gaussian in exponential family form

Write the (univariate) inverse Gaussian in exponential family form. Write down a real-valued function of X1,...,Xn that summarizes all the information about θ contained in the data set - Give the generalized likelihood ratio statistic for this testin..

  Handling additional information in a decision problem

1. Explain why Bayes' theorem is necessary for handling additional information in a decision problem. 2. Explain the meaning of the term predictive probability.

  An insurance policy costs 100 and will pay policyholders

an insurance policy costs 100 and will pay policyholders 10000 if they suffer a major injury or 3000 if they suffer a

  Find margin of error if probability is given

It is known that the standard deviation of the population of checkout times is one minute. With a .95 probability, the sample mean will provide a margin of error of?

  What kind of design was used to collect given data

What kind of design was used to collect these data?- Write appropriate hypotheses.- Are the assumptions and conditions necessary for inference satisfied?

  Because of nonresponse the fraction of women among

1. a researcher sends a questionnaire to 6000 individuals. she gets back 5000 responses. the percentage of women among

  Calculate the residual for given individual

Suppose a man in this age group is 72 inches tall. Use the regression equation given in the previous exercise to predict the weight of this man.

  Give the coefficient for high school math grades

Give the coefficient for high school math grades with a 95% confidence interval. Do the same for the two other predictors in this model.

  Type your question here although most of us buy the mil by

type your question here although most of us buy the mil by the quart or gallon farmers measurdaily production in

  What is the parameter we are conducting inference on

If we conduct statistical inference for this problem, what is (are) the parameter(s) we are conducting inference on? (You may state your answer in words or symbols)

  Completing the anova table

Complete the ANOVA table. Carry out a test of hypothesis on each of regression coefficients. Could you delete any of the variables?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd