Homework Help is Here – Start Your Trial Now!
Math
Statistics
Test the claim that the proportin of people who are confident is larger that 10% at the 0.01 significance level.   the test is : A.) two tailed B.) right tailed C.) left tailed    The test statisic is ____________ ( 3 decimals) The p- value is ____________( 4 decmials)     Based on this we: A.) Fail to reject the null hypothesis B.) Reject the null hypothei

Test the claim that the proportin of people who are confident is larger that 10% at the 0.01 significance level.   the test is : A.) two tailed B.) right tailed C.) left tailed    The test statisic is ____________ ( 3 decimals) The p- value is ____________( 4 decmials)     Based on this we: A.) Fail to reject the null hypothesis B.) Reject the null hypothei

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
See similar textbooks
icon
Related questions
Question

A well known brokerage firm executive claimed that 10% of investors are currently confident of meeting there investment goals. An XYZ investor opitimism survey conducted over a two wook peroid, found that in a sample of 500 people, 18% of them said they are confident of meeting there goals.

Test the claim that the proportin of people who are confident is larger that 10% at the 0.01 significance level.

 

the test is :

A.) two tailed

B.) right tailed

C.) left tailed 

 

The test statisic is ____________ ( 3 decimals)

The p- value is ____________( 4 decmials)

 

 

Based on this we:

A.) Fail to reject the null hypothesis

B.) Reject the null hypotheis 

 

Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS