A well-known brokerage firm executive claimed that 10% 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 800 people, 128 of them said they are confident of meeting their goals. Test the claim that the proportion of people who are confident is larger than 10% at the 0.10 significance level. The null and alternative hypothesis would be: Но: р — 0.1 Но:р — 0.1 Но:д — 0.1 Но:р —D 0.1 Но: д —— 0.1 Но:д — 0.1 Н:р > 0.1 Н:р<0.1 H:д + 0.1 Нi:p + 0.1 Hi:и < 0.1 H:д > 0.1 The test is: left-tailed right-tailed two-tailed o The test statistic is: (to 3 decimals) The p-value is: (to 4 decimals)

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A well-known brokerage firm executive claimed that 10% 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 800 people, 128 of them said they are confident of meeting their goals.
Test the claim that the proportion of people who are confident is larger than 10% at the 0.10 significance
level.
The null and alternative hypothesis would be:
Но:р — 0.1 Но:р — 0.1 Но: д —D 0.1 Но:р 3D 0.1 Но: д
H1:p > 0.1 H1:p < 0.1 H1: µ # 0.1 H1:p 7 0.1 H1:µ < 0.1 H1:µ > 0.1
0.1 Но: д — 0.1
The test is:
left-tailed right-tailed two-tailed o
The test statistic is:
|(to 3 decimals)
The p-value is:
|(to 4 decimals)
Bacod on thic wO:
Transcribed Image Text:A well-known brokerage firm executive claimed that 10% 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 800 people, 128 of them said they are confident of meeting their goals. Test the claim that the proportion of people who are confident is larger than 10% at the 0.10 significance level. The null and alternative hypothesis would be: Но:р — 0.1 Но:р — 0.1 Но: д —D 0.1 Но:р 3D 0.1 Но: д H1:p > 0.1 H1:p < 0.1 H1: µ # 0.1 H1:p 7 0.1 H1:µ < 0.1 H1:µ > 0.1 0.1 Но: д — 0.1 The test is: left-tailed right-tailed two-tailed o The test statistic is: |(to 3 decimals) The p-value is: |(to 4 decimals) Bacod on thic wO:
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