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szehim2009 szehim2009
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A year ago

The Department of Economic and Community Development (DECD) reported that in 2009 the average number of new jobs created per county was 450.  The department also provided the following information regarding a sample of 5 counties in 2010.

County

New Jobs Created In 2010

Bradley

410

Rhea

480

Marion

407

Grundy

428

Sequatchie

400


a.Compute the sample average and the standard deviation for 2010.

b.

We want to determine whether there has been a significant decrease in the average number of jobs created.  Provide the null and the alternative hypotheses.

c.

Compute the test statistic.

d.

Compute the p-value; and at 95% confidence, test the hypotheses.  Assume the population is normally distributed.

Textbook 
Essentials of Statistics for Business and Economics

Essentials of Statistics for Business and Economics


Edition: 7th
Authors:
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yolinessyoliness
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A year ago
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szehim2009 Author
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A year ago
Brilliant ツ
ezsancheezy
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Holly72492
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2 hours ago
this is exactly what I needed
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