Question: Please show work will upvote A local newspaper claimed that 90% of Americans are currently confident of meeting their retirement goals. A Retirement Optimism Survey,

Please show work will upvote A local newspaper claimed that 90%

Please show work will upvote

A local newspaper claimed that 90% of Americans are currently confident of meeting their retirement goals. A Retirement Optimism Survey, conducted over a two week period, found that in a sample of 800 people, 84% of them said they are confident of meeting their goals. Test the claim that the proportion of people who are confident is smaller than 90% at the 0.10 significance level. The null and alternative hypothesis would be: Ho: u = 0.9 Ho:p = 0.9 Ho:/ = 0.9 Ho:p = 0.9 Ho:p = 0.9 Ho: / = 0.9 H1:u 0.9 H1:p > 0.9 H1:p / 0.9 H1:p # 0.9 O O The test is: right-tailed two-tailed left-tailed The test statistic is: (to 3 decimals) The p-value is: (to 4 decimals) Based on this we: O Reject the null hypothesis O Fail to reject the null hypothesis

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Please help. I keep doing these wrong. A well-known brokerage firm executive claimed that 90% of investors are currently confident of meeting their investment goals. An XYZ Investor Optimism Survey,...

REFERENCE CASE Starbucks: Reaffirming Commitment to the Third Place Ideal On the morning of April 12, 2019, Kevin Johnson, CEO of Starbucks, the Seattlebased coffee Chain and packaged goods purveyor,...

*choose any 2 of the student activities to do* Although PAC Resources is a fictional organization, it experiences many of the difficulties common in today's business climate. In response to declining...

Please read the questions Question: Please explain in your own words, what transformative pedagogy is. Also, describe the ways in which you can include students' cultures and languages in a lesson...

(Questions from Lecture and Article) - Discussion Board Activity I need to read the following Lecture Note and the ?Wall Street Journal? articles that I uploaded, and writeanswers for theDiscussion...

Please read the questions Question: In your own words, describe the two orientations that schools can develop, Intercultural Orientation and Assimilationist Orientation. Provide an example...

Read Chapters 1,2,4,7 and Write a 800 - 1000 word Reflection Paper Grading : ?Thoughtfulness?Reactions,personal experiences,criticisms, etc. ?Application to your futureprofessional(and personal)life...

Please read the questions Question: In your own words, describe the two orientations that schools can develop, Intercultural Orientation and Assimilationist Orientation. Provide an example...

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

A cross-section of the cornea of an eye, a circular arc, is shown in the figure. Find the arc radius Rand the are length s, given the chord length C = 11.8 millimeters and the central angle 0 = 98.9.

A Pyrex container is filled to the very top with 40.0 L of water. Both the container and the water are at a temperature of 90.0C. When the temperature has cooled to 20.0C, how much additional water...

you should research the industry and identify which employers might be best for you. This important step in the job search process is called a . targeting preferred employers. b . job surfing. c ....

Your boss is the director of reporting for the Athens County Construction Agency (ACCA). It has been his job to track the cost of construction in Athens County. 1\venty-five years ago he created the...

Alexia Corporation was organized on January 1, 2012. It is authorized to issue 10,000 shares of 8%, $100 par value preferred stock, and 500,000 shares of no-par common stock with a stated value of $2...

The stockholders equity accounts of Ashley Corporation on January 1, 2012, were as follows. Preferred Stock (8%, $50 par, cumulative, 10,000 shares authorized)..... $ 400,000 Common Stock ($1 stated...

Brandon Corporation had the following stockholders equity accounts on January 1, 2012: Common Stock ($5 par) $500,000, Paid-in Capital in Excess of Par Common Stock $200,000, and Retained Earnings...

Following are selected statement of financial position accounts of Sander Bros. Corp. at December 31, 2012 and 2011, and the increases or decreases in each account from 2011 to 2012. Also presented...

A pointer holds a memory address.

1. Diplomatic relations between the United States and the Soviet Union would be severed in 1993 than that

2. Information that comes most readily to mind (availability).

3. An initial value (anchoring).