In: Statistics and Probability
The Bureau of Labor Statistics (BLS) reported that 9.6% of adults aged 20 to 24 years were unemployed in April 2015. Suppose that Jacqui believes that in her city the unemployment rate is higher than the reported proportion. She determines the unemployment status of 450 randomly selected adults in the given age range. She decides to conduct a z-test for the proportion p of unemployed adults in her town aged 20 to 24 years old.
Determine the power to reject the null hypothesis at a significance level of α=0.05 if the true proportion of unemployed adults aged 20 to 24 is 0.110. Give your answer to two decimal places, rounding if necessary.
power: