Estimate of the mean age of the unemployed individuals


Discuss the below:

Q1: Use descriptive statistics to summarize the data. Your descriptive statistics should include the following items with a short explanation of what each means:

Mean
Standard Error
Median
Mode
Standard Deviation
Sample Variance
Kurtosis
Skewness
Range
Minimum
Maximum
Sum
Count

Q2: Develop a 95% confidence interval estimate of the mean age of the unemployed individuals in Philadelphia. Also, what does the interval mean?

Q3: Develop a null hypothesis and an alternative hypothesis. 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 .01 level of significance. What does the outcome mean?

Q4: Is there a relationship between the age of an unemployed individual and the number of weeks of unemployment? Why or why not?

Age Weeks
56 22
35 19
22 7
57 37
40 18
22 11
48 6
48 22
25 5
40 20
25 12
25 1
59 33
49 26
33 13
56 15
20 17
31 11
27 17
23 3
45 17
29 14
31 4
59 39
39 7
35 12
44 38
27 14
24 6
27 7
45 25
42 33
45 16
44 12
21 13
31 16
42 4
23 14
51 31
27 7
30 10
33 23
32 8
22 7
51 12
50 16
21 9
38 5
26 8
55 35

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Basic Statistics: Estimate of the mean age of the unemployed individuals
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