A well-known brokerage firm executive claimed that at least 46 % of investors are currently confident of meeting their investment goals. An XYZ Investor Optimism Survey, conducted over a two week period, found that out of 101 randomly selected people, 48 of them said they are confident of meeting their goals. Suppose you are have the following null and alternative hypotheses for a test you are running: Ho:p= 0.46 H:p < 0.46 Calculate the test statistic, rounded to 3 decimal places

A well-known brokerage firm executive claimed that at least 46 % of investors are currently confident of meeting their investment goals. An XYZ Investor Optimism Survey, conducted over a two week period, found that out of 101 randomly selected people, 48 of them said they are confident of meeting their goals. Suppose you are have the following null and alternative hypotheses for a test you are running: Ho:p= 0.46 H:p < 0.46 Calculate the test statistic, rounded to 3 decimal places

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter11: Data Analysis And Probability

Section: Chapter Questions

Problem 8CR

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