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Mathematics, 09.11.2019 02:31 jenny8460
In recent years more people have been working past the age of 65. in 2005, 27% of people aged 65β69 worked. a recent report from the organization for economic co-operation and development (oecd) claimed that percentage working had increased (usa today, november 16, 2012). the findings reported by the oecd were consistent with taking a sample of 600 people aged 65β69 and finding that 180 of them were working. a. develop a point estimate of the proportion of people aged 65β69 who are working. b. set up a hypothesis test so that the rejection of h0 will allow you to conclude that theproportion of people aged 65β69 working has increased from 2005.c. conduct your hypothesis test using Ξ± 5 .05. what is your conclusion?
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In recent years more people have been working past the age of 65. in 2005, 27% of people aged 65β69...
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