Essay
Unemployment Rate Narrative
An eastern province has an unemployment rate of 6%. The province conducts monthly surveys in order to track the unemployment rate. In a recent month, a random sample of 700 people showed that 35 were unemployed.
-Refer to Unemployment Rate Narrative. If the true unemployment rate is 6%, describe the sampling distribution of .
Correct Answer:

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Since np = 42 and n(1 - p) = 6...View Answer
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