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The national unemployment rate in a recent month was 5.4%. You think the rate may be...

The national unemployment rate in a recent month was 5.4%. You think the rate may be different in your city, so you plan a sample survey that will ask the same questions as the Current Population Survey. To see if the local rate differs significantly from 5.4%, what hypotheses would you test?

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Answer #1

Solution :

One sample proportion test

This is the two tailed test .

The null and alternative hypothesis is

H0 : p = 0.054

Ha : p \neq 0.054

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