Test, at the 5 % level, the hypothesis that about equal numbers of economists hold each opinion.

Question:

Use the following information to answer question. Four hundred and fifty economists of different ideologies were asked to forecast the prospects for the economy during the Bush administration. Here’s what they said: image text in transcribed

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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Question Posted: Mar 03, 2024 12:00 AM

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Test, at the 5 % level, the hypothesis that about equal numbers of economists hold each opinion.

Question:

Ideology Conservative Liberal Radical Opinion Boom 80 60 50 So-so 60 40 30 Recession 60 40 30

Step by Step Answer:

Statistics For Business And Financial Economics

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