In the article "Business Employment Dynamics: New data on Gross Job Gains and Losses", J. Spletzer et al. examined gross job gains and losses as a percentage of the average of previous and current employment figures. A simple random sample of 20quarters provided the net percentage gains for jobs as presented on the WeissStats site. Use the technology of your choice to do the following.
Part (a): Decide whether, on average, the net percentage gain for jobs exceeds 0.2. Assume a population standard deviation of 0.42. Apply the one-mean z-test with a 5%significance level.
Part (b): Obtain a normal probability plot, boxplot, histogram and stem-and-leaf diagram of the data.
Part (c): Remove the outliers from the data and then repeat part (a).
Part (d): Comment on the advisability of using thez-test here.