An issue that faces individuals investing for retirement is allocating assets among different investment choices. Suppose...
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An issue that faces individuals investing for retirement is allocating assets among different investment choices. Suppose a study conducted 10 years ago showed that 67% of investors preferred stocks to real estate as an investment. In a recent random sample of 900 investors, 333 preferred real estate to stocks (equivalently, 567 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 a=0.02 level of significance. Determine the null and alternative hypotheses. Select the correct choice below and fill in the answer boxes within your choice. (Type integers or decimals.) OA. Ho P HA P OB. Ho p2 C. Ho p HAP HA:P> An issue that faces individuals investing for retirement is allocating assets among different investment choices. Suppose a study conducted 10 years ago showed that 67% of investors preferred stocks to real estate as an investment. In a recent random sample of 900 investors, 333 preferred real estate to stocks (equivalently, 567 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 a=0.02 level of significance. Determine the null and alternative hypotheses. Select the correct choice below and fill in the answer boxes within your choice. (Type integers or decimals.) OA. Ho P HA P OB. Ho p2 C. Ho p HAP HA:P>
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