Question
2 . In 2003, the average unemployment insurance benefit in the U.S. was $238 per week. A researcher suggested that his belief was that a
2. In 2003, the average unemployment insurance benefit in the U.S. was $238 per week.
A researcher suggested that his belief was that a sample taken in Virginia would show
that the average unemployment benefit in Virginia was below the national average.
For a sample of 40 individuals, the sample mean benefit was $231 with a sample
Standard deviation of $80. Let a =.05.
a.Verify whether the Central Limit Theorem conditions are met.
b.Develop the null hypothesis and the alternative hypothesis.
c.Calculate the test statistic.
d.Find the critical t value.
e.Draw a picture and state the rejection rule and your conclusion in the context of this problem.
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