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Question
The Employment and Training Administration reported that the U.S. mean unemployment insurance benefit was $238 per week (The World Almanac, 2003). A researcher in the state of Virginia anticipated that sample data would show evidence that the mean weekly unemployment insurance benefit in Virginia was below the national average.
For a sample of 100 individuals, the sample mean weekly unemployment insurance benefit was$231 with a sample standard deviation of $80. What is the p-value?
Solution
VerifiedAnswered 1 year ago
Answered 1 year ago
Step 1
1 of 7Given:
- = Sample mean = 231
- = Sample standard deviation = 80
- = Sample size = 100
- = Significance level = 0.05
In this exercise, we determine the P-value of the hypothesis test.
What is the P-value?
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