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Author Question: The Department of Economic and Community Development (DECD) reported that in 2009 the average number ... (Read 12 times)

trevg

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on: Mar 25, 2023

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.

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by trevg on Mar 25, 2023

zubair1583

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Reply #1 on: Mar 25, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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trevg

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Reply 2 on: Mar 25, 2023
Great answer, keep it coming :)

matt95

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Reply 3 on: Yesterday
Excellent

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