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The social insurance office reported that the mean unemployment insurance benefitof $250 per month. For a sample of 200 individuals, the sample mean monthly unemploymentinsurance
The social insurance office reported that the mean unemployment insurance benefitof $250 per month. For a sample of 200 individuals, the sample mean monthly unemploymentinsurance benefit was $236 with a sample standard deviation of $70. Can we conclude that thestatement of the social insurance office is acceptable at level of significance =05?
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