A Business Statistician Wishes to Determine Whether Current Unemployment Rates

question 2

Multiple Choice

A business statistician wishes to determine whether current unemployment rates differ between former communist countries and European/Asian nations that have not been under communist control. A sample of 10 countries each was randomly chosen from all eligible countries. The data are as follows: $\begin{array} { c c } \hline \text { Former Communist } & \text { Not Former Communist } \\\text { (\%) } & \text { (\%) } \\\hline 23 & 12 \\13 & 8 \\33 & 9 \\21 & 14 \\17 & 7 \\24 & 8 \\12 & 10 \\18 & 11 \\27 & 12 \\16 & 7 \\\hline\end{array}$
-Are the mean percentages significantly different?

• A)yes, at p < .05
• B)yes, at p < .01
• C)yes, at p < .001
• D)no, at p > .05

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Definitions:

Downward Spiral

A situation where a series of negative events or outcomes lead progressively to worsening conditions.

Negative Attitude

A pessimistic outlook or disposition towards people, situations, or events, often leading to detrimental outcomes.

Principles of Conduct

Basic ethical guidelines or moral codes that govern behaviors and actions within a society or organization.

Ethics

This term concerns the moral principles that govern a person's behavior or the conducting of an activity, often related to distinguishing between right and wrong.