An article concerning bullish and bearish sentiment

Reference no: EM13608744

An article concerning bullish and bearish sentiment reported 41% of a group responding to a poll were bullish and 26% were bearish. The article also reported that the long term average measure of bullishness is .39. Suppose the poll used a sample size of 450. Using .39 (the long term average) as the population proportion of the group that are bullish, conduct a hypothesis test to determined if the current proportion of the group that are bullish is significantly greater than the long term average proportion.

Reference no: EM13608744

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