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An issuo that faces individuals investing for rotirement is allocating assets among different investment choices. Suppose a study conducted 10 years ago showed that 66%
An issuo that faces individuals investing for rotirement is allocating assets among different investment choices. Suppose a study conducted 10 years ago showed that 66% of inyestris preferred stocks to real estate as an investment. In a recent random sample of 1,000 investors, 380 preferred feal estate to stocks (equivalently, 620 preferred stocks to real estate) is this new data sufficient to conclude that the proportion of investors preferring stocks to real estate has declined from 10 years ago? Conduct the analysis at the 0.02 level of significance. Determine the nuiland alternative hypotheses Select the correct choice below and fill in the answer boxes within your choice (Type integers or decimals) A. Hn,p B. H0p= c. H0p HApHAp= HAp> Gheck the requirement for a hypothesis test for a proportion In this situation, np= satisficd (Type integers or decimals) What is the test statistic? 2= (Round to two decimal places as needed) What is the p-value? p-value = (Round to three decimal places as needed) An issuo that faces individuals investing for rotirement is allocating assets among different investment choices. Suppose a study conducted 10 years ago showed that 66% of inyestris preferred stocks to real estate as an investment. In a recent random sample of 1,000 investors, 380 preferred feal estate to stocks (equivalently, 620 preferred stocks to real estate) is this new data sufficient to conclude that the proportion of investors preferring stocks to real estate has declined from 10 years ago? Conduct the analysis at the 0.02 level of significance. Determine the nuiland alternative hypotheses Select the correct choice below and fill in the answer boxes within your choice (Type integers or decimals) A. Hn,p B. H0p= c. H0p HApHAp= HAp> Gheck the requirement for a hypothesis test for a proportion In this situation, np= satisficd (Type integers or decimals) What is the test statistic? 2= (Round to two decimal places as needed) What is the p-value? p-value = (Round to three decimal places as needed)
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