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Mathematics, 09.02.2021 01:20 vegeta8375
One particular professional association of investors conducts a weekly survey of its members to measure the percent who are bullish, bearish, and neutral on the stock market for the next six months. The survey results showed 38.7% bullish, 22.6% neutral, and 38.7% bearish. Assume these results are based on a sample of 300 members. (a) Over the long term, the proportion of bullish members is 0.39. Conduct a hypothesis test at the 5% level of significance to see if the current sample results show that bullish sentiment differs from its long term average of 0.39. What are your findings
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