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The U.S. government recently reported that the proportion of people feeling negative about the economy was only 30%. However, a recent poll by CNN/Gallup found that in a sample of 1000 people 450 of them felt negative about the economy. Conduct a hypothesis test to determine if the proportion of people feeling negative about the economy is really 30% or not (Hint: ). Assume Alpha = .05 and remember to clearly state the null and alternate hypothesis as well as your conclusion about the proportion of people who are feeling negative about the economy.

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9393607

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