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In: Statistics and Probability

You are the head of an agency seeking funding for a program to reduce unemployment among...

You are the head of an agency seeking funding for a program to reduce unemployment among teenage males. Nationally, the unemployment rate for this group is 18%. A random sample of 323 teenage males in your area reveals an unemployment rate of 21.7%. Can you justify a need for the program? Use α=.01 level

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You are the head of an agency seeking funding for a program to reduce unemployment among teenage males. Nationally, the unemployment rate for this group is 18%. A random sample of 323 teenage males in your area reveals an unemployment rate of 21.7%. Is the unemployment rate among teenage males in your area significantly higher than that in the population? Can you demonstrate a need for the program at 95% confidence level? Explain the results of your rest of significance...
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