Examlex

Solved

Assume That You Plan to Use a Significance Level Of \alpha

question 43

Multiple Choice

Assume that you plan to use a significance level of α=0.05\alpha = 0.05 to test the claim that p1=p2p _ { 1 } = p _ { 2 } . Use the given sample sizes and numbers of successes to find the PP -value for the hypothesis test.
n1=100n2=100x1=38x2=40\begin{array} { l l } n _ { 1 } = 100 & n _ { 2 } = 100 \\x _ { 1 } = 38 & x _ { 2 } = 40\end{array}


Definitions:

Unemployment Rate

An indicator of the proportion of people in the workforce who are unemployed and searching for work.

Disinflation

A slowdown in the rate of inflation; the process whereby price increases slow down, but the general price level does not decrease.

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two consecutive quarters.

Age Group

A classification of people based on their age, typically used in demographics, marketing, and social studies.

Related Questions