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Mathematics, 27.11.2019 19:31 karinagonzale80

To explore how unemployment compensation returns money to the economy, the state of washington annu- ally conducts a study of household expenditures for claimants who received unemployment compensation from the state. in a recent study, a random sample of 1049 claimants was surveyed from a population of approximately 350,000 people who had received unem- ployment benefits during the year. average household expenditure for the sample during the month of june was $2,754 (source: state of washington, employment security department, claimant expenditure survey). if the sample standard deviation for june household expenditures in the sample was $243, show the 99% confidence interval estimate of average june expendi- tures for the population of 350,000 claimants.

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