The U.S. Department of Labor and Statistics released the current
unemployment rate of 5.3% for the month in the U.S. and claims the
unemployment has not changed in the last two months. However, the
state office for a particular state believes it has changed in
their state. If the state finds in the last month that for
every 6000 citizens, 330 have requested unemployment benefits, has
the rate changed? Test at the .01 level of significance.
The p-value is < α, so we reject the null hypothesis.
Yes, the study supports the claim that the unemployment rate has
changed.
The p-value is > α, so we fail to reject the null
hypothesis.
No, the study does not support the claim that the unemployment
rate has changed.
The p-value is > α, so we reject the null hypothesis.
No, the study does not support the claim that the unemployment
rate has changed.
The p-value is < α, so we fail to reject the null
hypothesis.
No, the study does not support the claim that the unemployment
rate has changed.