Problem

on last try: 0.6 of 1 pts. See Details for more. Next question \( \rightleftarrows \) Get a similar question You can retry this question below esis Test for a Population Proportion known brokerage firm executive claimed that \( 10 \% \) of investors are currently confident of me nvestment goals. An XYZ Investor Optimism Survey, conducted over a two week period, found ple of 700 people, \( 16 \% \) of them said they are confident of meeting their goals. he claim that the proportion of people who are confident is larger than \( 10 \% \) at the 0.10 signific null and alternative hypothesis would be: \[ \begin{array}{cccccc} 0: p=0.1 & H_{0}: p \leq 0.1 & H_{0}: p \geq 0.1 & H_{0}: \mu \leq 0.1 & H_{0}: \mu \geq 0.1 & H_{0}: \mu=0.1 \\ 1: p \neq 0.1 & H_{1}: p>0.1 & H_{1}: p<0.1 & H_{1}: \mu>0.1 & H_{1}: \mu<0.1 & H_{1}: \mu \neq 0.1 \end{array} \] he test is: two-tailed right-tailed left-tailed \( \sigma^{\varsigma} \) Type here to search

Solution

Step 1 :\(H_0: p \leq 0.1\)

Step 2 :\(H_1: p > 0.1\)

Step 3 :right-tailed

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