SOLUTION: I would like to calculate the test statistics for the following hypothesis: can someone help me??
Do countries that are members of G-20 have a lower unemployment rate than count
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Do countries that are members of G-20 have a lower unemployment rate than count
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Question 336416: I would like to calculate the test statistics for the following hypothesis: can someone help me??
Do countries that are members of G-20 have a lower unemployment rate than countries that are not members?
Null: Mean of member’s unemployment rate is lower
Alternative: Mean of member’s unemployment is higher
Alpha: 0.05
You can put this solution on YOUR website! I would like to calculate the test statistics for the following hypothesis: can someone help me??
Do countries that are members of G-20 have a lower unemployment rate than countries that are not members?
Null: Mean of member’s unemployment rate is lower
Alternative: Mean of member’s unemployment is higher
Alpha: 0.05
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Note: The null hypothesis MUST contain equality.
Ho: u(G20 members)-u(not members) = 0
Ha: u(G20 members)-u(not members) > 0
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Cheers,
Stan H.
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