A well-known brokerage firm executive claimed that 40% of investors are currently confident of meeting their investment goals. An XYZ Investor Optimism Survey, conducted over a two week period, found that in a sample of 500 people, 47% of them said they are confident of meeting their goals. Test the claim that the proportion of people who are confident is larger than 40% at the 0.005 significance level. The null and alternative hypothesis would be: Hop Ha P > ] 0:40 >0.40 The test is: right-tailed > B B 4 Part 2 of 6 Part 3 of 6