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In April of 2011,the Unemployment Rate in Canada Was Reported α=0.01\alpha = 0.01

Question 61

Multiple Choice

In April of 2011,the unemployment rate in Canada was reported to be 7.6%.Suppose that Statistics Canada claims that the current unemployment rate is lower than that of April 2011.To test their belief,they plan to take a random sample size of 1000 people.If they plan to perform the test at α=0.01\alpha = 0.01 and the unemployment rate is currently 6.1%,what is the power of the test?


A) 0.1326
B) 0.8674
C) 0.7224
D) 0.9215
E) 0.2776

Correct Answer:

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