An investor thinks that investment preference on "real estate" is more than "stock investment. In order to understand the true population proportion of investors who invest the money on "real estate" 1000 investors randomly selected are asked "What is your investment preference as "real estate" or "stock? 350 of the investo prefer "stock". Test the hypothesis that preference of stock is at least 60% at 5%? Find the correct answer for ti hypothesis and find the correct answer for critical value. a) 3.31 b) 137 16.67 C) -3.31 Ha : P< 0.60 H, : P2 0.60 He : P= 0.60 Hị : P+0.60 Ho: P<0.60 Hị :P>0.60 d) e) f) 13.26 h) H : P20.60 H:P< 0.60 16.57 Ho: P>0.60 H; :P < 0.60

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An investor thinks that investment preference on "real estate" is more than "stock investment. In order to
understand the true population proportion of investors who invest the money on "real estate" 1000 investors
randomly selected are asked "What is your investment preference as "real estate" or "stock? 350 of the investors
prefer "stock. Test the hypothesis that preference of stock is at least 60% at 5%? Find the correct answer for the
hypothesis and find the correct answer for critical value.
4-
a)
3.31
137
b)
16.67
C)
-3.31
Ho : P < 0.60 H, :P2 0.60
Ho : P = 0.60 Hị : P#0.60
Ho : P<0.60 H : P> 0.60
d)
e)
f)
8)
13.26
h)
Ho : P>0.60 H, : P< 0.60
16.57
Ho : P> 0.60 H : P< 0.60
Transcribed Image Text:An investor thinks that investment preference on "real estate" is more than "stock investment. In order to understand the true population proportion of investors who invest the money on "real estate" 1000 investors randomly selected are asked "What is your investment preference as "real estate" or "stock? 350 of the investors prefer "stock. Test the hypothesis that preference of stock is at least 60% at 5%? Find the correct answer for the hypothesis and find the correct answer for critical value. 4- a) 3.31 137 b) 16.67 C) -3.31 Ho : P < 0.60 H, :P2 0.60 Ho : P = 0.60 Hị : P#0.60 Ho : P<0.60 H : P> 0.60 d) e) f) 8) 13.26 h) Ho : P>0.60 H, : P< 0.60 16.57 Ho : P> 0.60 H : P< 0.60
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