Exploring Macroeconomics
8th Edition
ISBN: 9781544337722
Author: Robert L. Sexton
Publisher: SAGE Publications, Inc
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Chapter 5, Problem 8P
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The U.S. Census Bureau conducts annual surveys to obtain information on the percentage of the voting-age population that is registered to vote. Suppose that 679
employed persons and 690 unemployed persons are independently and randomly selected, and that 429 of the employed persons and 369 of the unemployed persons
have registered to vote. Can we conclude that the percentage of employed workers (P1), who have registered to vote, exceeds the percentage of unemployed workers
(P2), who have registered to vote? Use a significance level of α = 0.05 for the test.
Step 5 of 6: Determine the decision rule for rejecting the null hypothesis Ho. Round the numerical portion of your answer to three decimal places.
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