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SOLVED: 41 % of investors responding to an American Institute of Individual Investors (AAII) poll were bullish on the market and 26 % were bearish (USA Today, January 11, 2010). The article also reported that the long-term average measure of bullishness is 3 %. Suppose the A.All poll used a sample size of 450 . Using 39 .(the long-term average) as the population proportion of investors who are bullish, conduct a hypothesis test to determine if the current proportion of investors who are bullish
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