Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. a well known brokerage firm executive claimed that

A well known brokerage firm executive claimed that 30 of investors are currently confident of...

70.2K

Verified Solution

Question

Statistics

image

A well known brokerage firm executive claimed that 30 of investors are currently confident of meeting their investment goals An XYZ Investor Optimism Survey conducted over a two week period found that in a sample of 500 people 23 of them said they are confident of meeting their goals Test the claim that the proportion of people who are confident is smaller than 30 at the 0 10 significance level The null and alternative hypothesis would be Ho p 0 3 Ho p 0 3 Ho p 0 3 Ho 0 3 Ho p 0 3 Ho 0 3 H p 0 3 H p 0 3 H 0 3 H 0 3 H p 0 3 H 0 3 O O O O O The test is right tailed left tailed two tailed The test statistic is The p value is Based on this we O Reject the null hypothesis O Fail to reject the null hypothesis to 3 decimals to 4 decimals

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Mechanical Engineering
1.2K views

Aluminium alloys are commonly used in aviation industry. Discuss the applicability of aluminium alloys to be...

General Management
1.2K views

Discuss the advantages and disadvantages of Inside Sales versus Outside Sales and the influence of the...

Accounting
1.2K views

Direct Materials Purchases Budget Anticipated sales for Safety Grip Company were 35,000 passenger car tires and 11,000...

Geometry
1.2K views

Problem 11 Let A B C be a triangle and let PO be an arbitrary...

Basic Math
1.2K views

loans are loans which do not require collateral O Secured O Unsecured O Collateral

Calculus
1.2K views

Add first finding the LCD 3 14 3 10

Accounting
1.2K views

Apply the accounting equation) 1. Use the accounting equation to show how to determine the...

Accounting
1.2K views

Stylewise Printing Company currently leases its only copy machine for $1,000 a month. The company...

Accounting
1.2K views

What happens when tax advantaged retirement accounts are split up in divorce?

Accounting
1.2K views

For which governments does the CRA collect income tax? a) The Quebec government ...

Accounting
1.2K views

Question 5 (1 point) Phil, an Ontario resident, ordered a customized motorbike on February 1st...

Accounting
1.2K views

The Modian Company processes unprocessed goat milk up to the split-off point where two products,...