Question 7 Note that 31 = From other research, we know that a = 1/3 (more or less). If we wanted to test that %3D %3D 1-a a = 1/3 for the period 1985-2019, what hypothesis test would we run? What is the result of that test?

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Question 7
Note that 31 =
From other research, we know that a = 1/3 (more or less). If we wanted to test that
%3D
a = 1/3 for the period 1985-2019, what hypothesis test would we run? What is the result of that test?
%3D
Transcribed Image Text:Question 7 Note that 31 = From other research, we know that a = 1/3 (more or less). If we wanted to test that %3D a = 1/3 for the period 1985-2019, what hypothesis test would we run? What is the result of that test? %3D
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