Question Details

Answered: - Each month the U.S. Bureau of Labor Statistics publishes a


Each month the U.S. Bureau of Labor Statistics publishes a variety of unemployment statistics, including the number of individuals who are unemployed and the mean length of time the individuals have been unemployed. For November 2013, the Bureau of Labor Statistics reported that the national mean length of time of unemployment was 14.6 weeks.


E270 Introduction to Statistics

 

Bonus Assignment

 

This assignment is worth 15 extra points and due on April 26, 2016 at the beginning of the class.

 

Unemployment Study

 

Each month the U.S. Bureau of Labor Statistics publishes a variety of unemployment statistics,

 

including the number of individuals who are unemployed and the mean length of time the

 

individuals have been unemployed. For November 2013, the Bureau of Labor Statistics reported

 

that the national mean length of time of unemployment was 14.6 weeks.

 

The mayor of Philadelphia requested a study on the status of unemployment in the

 

Philadelphia area. A sample of 50 unemployed residents of Philadelphia included data on their

 

age and the number of weeks without a job. A portion of the data collected in November 2013

 

follows. The complete data set is available in the data file Bonus_BLS.xlsx.

 

Age

 

Weeks

 

Age

 

Weeks

 

Age

 

Weeks

 

56

 

22

 

22

 

11

 

25

 

12

 

35

 

19

 

48

 

6

 

25

 

1

 

22

 

7

 

48

 

22

 

59

 

33

 

57

 

37

 

25

 

5

 

49

 

26

 

40

 

18

 

40

 

20

 

33

 

13

 

You are asked to write a managerial report that covers the following questions. (Answers are

 

graded on the reasoning used to arrive at an answer, not simply on the answer. Thus, show the

 

reasons and calculation process.)

 

1. Use descriptive statistics to summarize the sample data. (Including sample mean,

 

standard deviation, median, mode, maximum, minimum, skewness. Hint: use SPSS for

 

this part.)

 

2. Use the graphical method and the numerical method to show whether there is a

 

relationship between the age of an unemployed individual and the number of weeks of

 

unemployment. (Use SPSS for this part)

 

3. Develop 95% confidence interval estimate of the mean age of unemployed individuals in

 

Philadelphia. Show your calculation process.

 

4. Conduct a hypothesis test to determine whether the mean duration of unemployment in

 

Philadelphia is greater than the national mean duration of 14.6 weeks. Use a 0.01 level of

 

significance. What is your conclusion? Show your calculation process.

 


 

 


Solution details:
STATUS
Answered
QUALITY
Approved
ANSWER RATING

This question was answered on: Sep 18, 2020

PRICE: $15

Solution~0001185940.zip (25.37 KB)

Buy this answer for only: $15

This attachment is locked

We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free copy from our tutoring website www.aceyourhomework.com (Deadline assured. Flexible pricing. TurnItIn Report provided)

Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
SiteLock

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Sep 18, 2020

EXPERT

Tutor

ANSWER RATING

GET INSTANT HELP/h4>

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

  • As a reference for in-depth understanding of the subject.
  • As a source of ideas / reasoning for your own research (if properly referenced)
  • For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

NEW ASSIGNMENT HELP?

Order New Solution. Quick Turnaround

Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN YOUR SET DEADLINE.

Order Now