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Suppose that the unemployment rate for 18- to 34-year-olds was reported to be 10.7%. Assume that this report was based on a random sample of
Suppose that the unemployment rate for 18- to 34-year-olds was reported to be 10.7%. Assume that this report was based on a random sample of four hundred 18- to 34-year-olds. (a) A political campaign manager wants to know if the sample results can be used to conclude that the unemployment rate for 18- to 34-years-olds is significantly higher than the unemployment rate for all adults. According to he Bureau of Labor Statistics, the unemployment rate for all adults was 7.9%. Develop a hypothesis test that can be used to see If the conclusion that the unemployment rate Is higher for 187 to 34eyeareolds can be supported. O HO: p : 0.079 H : p as 0.079 a O HO: p 0.079 a O HO: p > 0.079 H : p g 0.079 a O HO: p 2 0.079 H : p
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