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In Dakistan,3M People Work,0

question 8

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In Dakistan,3M people work,0.5M are unemployed and get UI benefits,0.1M are unemployed without UI benefits and 3M have no intention to work. The unemployment rate is (to the nearest %)


Definitions:

Critical Value

The threshold in a statistical test that defines the boundary for rejecting the null hypothesis.

Calculated Value

A numerical value derived from a mathematical computation or formula.

Directional

Refers to a hypothesis or test that specifies the expected direction of the relationship or difference between variables.

Critical Value(s)

Critical values are key points used to determine the region of rejection for a null hypothesis in statistical testing, ensuring the test's validity under specific confidence levels.

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