Unemployment Rate Narrative an Eastern Province Has an Unemployment Rate of 6%. the of 6

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 Based on the most recent sample, find the probability that the sample proportion will lie within 0.005 of the true proportion p of people who are unemployed.