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State the null hypotheses for job seekers

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Reference no: EM131695651

Question: The best places in the United States to be a job seeker are state capitals and university towns, which are claimed to have jobless rates below the national average of 4.2%. A sample of 50 towns and state capitals showed average jobless rate of 1.4% with a standard deviation of 0.8%. State the null and alternative hypotheses and carry out the test at the 1% level of significance.

Reference no: EM131695651

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