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  • Your mayor just announced that the local unemployment rate dropped from . . .
    To evaluate the decrease in local unemployment rate from 10 5% to 10 4% for statistical significance, you could use a one-proportion Z-test This test allows us to compare a sample proportion, in this case, the reduction, to a population proportion or claim, which can be taken as the prior** unemployment rate
  • Solved Your mayor just announced that the local unemployment - Chegg
    Your mayor just announced that the local unemployment rate dropped from 10 5% to 10 4% from the prior month Use hypothesis testing to evaluate the unemployment rate drop and discuss whether there is enough information to determine statistical significance Which hypothesis test would you use? (Include the NAME of the test you chose)
  • Your mayor just announced that the local unemployment rate
    Your mayor just announced that the local unemployment rate dropped from 10 5% to 10 4% from the prior month Use hypothesis testing to evaluate the unemployment rate drop and discuss whether there is enough information to determine statistical significance Which hypothesis test would you use? What additional information would you need, if any?
  • Hypothesis Test for Unemployment Rate Between Two Months - BrainMass
    Approximating the number of unemployed people within a given area and dividing by the approximate number of employed people within that same area determine the unemployment rate The unemployment rate is expressed as a percentage When the mayor announced that the unemployment rate had dropped from 10 5% to 10 4%, it is easy to
  • Your mayor just announced that the local unemployment rate dropped from . . .
    For this scenario, we need to find out whether the observed difference in the given sample proportion (unemployment rate) is statistically significant The claim of the Mayor is that the unemployment rate has dropped from 10 5% to 10 4%, so there is a difference and this represents a statement of change (hint: reduced or dropped) Thus, this will be the alternative hypothesis
  • T7 DQ2 - Discussion Week 7 - Your mayor just announced that the local . . .
    Your mayor just announced that the local unemployment rate dropped from 10% to 10% from the prior month Use hypothesis testing to evaluate the unemployment rate drop and discuss whether there is enough information to determine statistical significance Which hypothesis test would you use? What additional information would you need, if any
  • Your mayor just announced that the local unemployment rate dropped from . . .
    Your mayor just announced that the local unemployment rate dropped from 10 5% to 10 4% from the prior month Evaluate the unemployment rate drop and discuss whether there is enough information to determine statistical significance, which Hypothesis Test you would use, and what additional information you would need if any Support your response
  • Solved Your mayor just announced that the local unemployment - Chegg
    Question: Your mayor just announced that the local unemployment rate dropped last month from the prior month It went from 10 5% to 10 4% Evaluate the scenario Is there sufficient information to determine significance? Support your response with specific examples
  • Your mayor just announced that the local unemployment rate dropped from . . .
    Your mayor just announced that the local unemployment rate dropped from 10 5% to 10 4% from the prior month Use hypothesis testing to evaluate the unemployment rate drop and discuss whether there is enough information to determine statistical significance Which hypothesis test would you use? What additional information would you need, if any?
  • Analyzing Unemployment Rate Drop Using Hypothesis Testing - Course Hero
    Enhanced Document Preview: Your mayor just announced that the local unemployment rate has dropped from 10 5% to 10 4% from the prior month Use hypothesis testing to evaluate the unemployment rate drop and discuss whether there is enough information to determine statistical significance Which hypothesis test would you use?





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