In October 1992, a survey of 120 macroeconomists found 87 who believed that the recession had already ended. A survey of 150 purchasing agents found 89 who believed the recession had ended. At α = 0.10, should you conclude that the purchasing agents were more pessimistic about the economy than the macroeconomists were?

Contact us for the solution

Are you need any help? Contact Us now.

Latest Articles

« »