A well-known brokerage firm executive claimed that 50% of investors are currently confident ofmeeting their investment goals. An XYZ Investor Optimism Survey, conducted over a two weekperiod, found that in a sample of 100 people, 51% of them said they are confident of meeting theirgoalsTest the claim that the proportion of people who are confident is larger than 50% at the 0.01significance levelThe null and alternative hypothesis would be:Но:р > 0.5 Но:р< 0.5 Но:р %— 0.5 Но:д < 0.5 Но:н > 0.5 Но:д — 0.5Н:р< 0.5 Н:р> 0.5 Hi:p +0.5 H:д > 0.5 H:р < 0.5 Hi:д 2 0.5The test is:two-tailed right-tailed left-tailed(to 3 decimals)The test statistic is:The p-value is:(to 4 decimals)Based on this we:Reject the null hypothesisFail to reject the nul hypothesis

Answered: A well-known brokerage firm executive…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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