A recent article concerning bullish and bearish sentiment

Reference no: EM13397043

A recent article concerning bullish and bearish sentiment about the stock market reported that 41% of investors responding to an American Institute of Individual Investors(AAII) poll were bullish on the market and 26% were bearish. The article also reported that the long-term average measure of bullishness is .39 or 39%. Suppose the AAII poll used a sample size of 450. Using .39 as the population proportion of investors that are bullish, conduct a hypothesis test to determine if the current proportion of investors that are bullish is significantly greater that the long-term average proportion.

a. State the appropriate hypotheses for your significance test.

b. Use the sample results to compute the test statistic and the p-value.

c. Using a=.10 what is your conclusion?

Reference no: EM13397043

Questions Cloud

Write down the difference between net income and operating : what is the difference between net income and operating cash flow? what is the difference between the primary and the

Visit the website wwwbusiness-ethicscom the website : visit the website www.business-ethics.com. the website publishes a list of socially responsible companies using various

Which of the following statements concerning the cash flow : which of the following statements concerning the cash flow production cycle is true?a the profits reported in a given

Define and explain what segmentation is and discuss : 1. define and explain what segmentation is and discuss different segmentation bases you could use for your

A recent article concerning bullish and bearish sentiment : a recent article concerning bullish and bearish sentiment about the stock market reported that 41 of investors

Describe 2 major categories of purposes that are supported : 1. what type of cost information are reported to support mangerial purposes and decisions?2. describe 2 major

The manipulation of the allowance for doubtful accounts by : the manipulation of the allowance for doubtful accounts by management would be best indicated by when a companya.

The globalization of business activity has resulted in : the globalization of business activity has resulted in which of the following?a. increased corruption and unethical

Fnd the current macroeconomic situation in us eg is us : what is the current macroeconomic situation in the u.s. e.g. is the u.s. economy currently concerned about

User Account

All Pages