The recent financial crisis in Europe has resulted in high unemployment rates in some European Union countries.
Question:
The recent financial crisis in Europe has resulted in high unemployment rates in some European Union countries. A recent survey of 120 adults from Greece found that 34 were currently unemployed. A corresponding survey of 135 adults from Spain found that 33 were currently unemployed.
a. Perform a hypothesis test with α = 0.02 to determine if the percentage of unemployed adults in Greece is different than the percentage of unemployed adults in Spain.
b. Determine the p value and interpret the results.
c. Determine the 98% confidence interval to estimate the difference in the proportion of unemployed workers between these two countries.
d. Verify your results using PHStat.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: