The lingering economic crisis has cost america trillions of


Question: The lingering economic crisis has cost America trillions of dollars in lost wealth and also has levied a heavy toll on the national psyche (The Wall Street Journal, December 21, 2009). According to a recent poll, just 33% of those surveyed said America was headed in the right direction. Suppose this poll was based on a sample of 1,000 people. Does the sample evidence suggest that the proportion of Americans who feel that America is headed in the right direction is below 35%? Use a 5% level o f significance fo r the analysis. What if the sample size was 2,000?

Request for Solution File

Ask an Expert for Answer!!
Management Theories: The lingering economic crisis has cost america trillions of
Reference No:- TGS02256721

Expected delivery within 24 Hours