An experiment is run that is claimed to have a binomial distribution with p = 0.15 and

Question:

An experiment is run that is claimed to have a binomial distribution with p = 0.15 and n = 18 and the number of successes is recorded. The experiment is conducted 200 times with the following results:
An experiment is run that is claimed to have a

Using a significance level of 0.01, is there sufficient evidence to conclude that the distribution is binomially distributed with p = 0.15 and n = 18?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics A Decision Making Approach

ISBN: 9780133021844

9th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

Question Posted: