Question
the employment and training administration reported that the U.S. mean unemployment insurance benefit is $347 per week. A research in the state of New York
the employment and training administration reported that the U.S. mean unemployment insurance benefit is $347 per week. A research in the state of New York anticipated that sample data would show evidence that the mean weekly unemployment insurance benefit in NY was below the national level. For a sample of 100 individuals in NY, the sample mean weekly unemployment insurance benefit was $323. Population standard deviation is $95.
i. what is margin of erro for a 95% confidence interval for population average of weekly unemployment inurance benfit in NY?
ii. construct a 95% confidence interval for the population average weekly unemplyment insurance benefit in NY.
iii.construct a 74% confidence interval for the population average weekly unemplyment insurance benefit in NY.
Refer to question above
the employment and training administration reported that the U.S. mean unemployment insurance benefit is $347 per week. A research in the state of New York anticipated that sample data would show evidence that the mean weekly unemployment insurance benefit in NY was below the national level. For a sample of 100 individuals in NY, the sample mean weekly unemployment insurance benefit was $323.
conduct the hypothesis test for the research's claim with the 1% significance level. Standard deviation is 95$
i. what are the null and alternative hypothesis?
ii. what is the test statistic?
iii. find the rejection region
iv. calculate the resulting test statistic and draw a conclusion for your test.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started