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Business, 16.04.2020 00:00, aubreywolfe2584
A well-known brokerage firm executive claimed that 70% of investors are currently confident of meeting their investment goals. An XYZ Investor Optimism Survey, conducted over a two week period, found that in a sample of 700 people, 74% of them said they are confident of meeting their goals. Test the claim that the proportion of people who are confident is larger than 70% at the 0.05 significance level.
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