Granted that the dataset is a sample. Imagine (just for the heck of it) that this is a population; i.e., there are only 81 countries in this world You are a global investor looking to expand your “service” location. You will only invest if the risk of operating in the country does not exceed a level of “2”. What is the chance that you will make an investment? This is a simple instantiation of the z-test. Use Excel. Draw the problem scenario.Attached is a link for the data set if needed
https://drive.google.com/file/d/12rYmIUVfrCcbCYRu34o3Mo5hf5Vo7EbR/view?usp=drive_open
