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1. In January of 2008, a survey of 150 macroeconomists found 89 who believed that the recession had already begun. A survey of 120 purchasing
1. In January of 2008, a survey of 150 macroeconomists found 89 who believed that the recession had already begun. A survey of 120 purchasing agents found 87 who believed the recession had begun.
At the 90% confidence level, can one conclude that the purchasing agents were more pessimistic about the economy than the macroeconomists were?
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