Consider the following discrete probability distribution along with observed frequencies for each day of the week: Weekday

Question:

Consider the following discrete probability distribution along with observed frequencies for each day of the week:

Weekday Probability Observed Frequency, fo Monday 0.10 12 Tuesday 0.20 27 Wednesday 0.05 7 Thursday 0.30 40 Friday 0.35 34 Total 1.00 120

a. Perform a chi-square test using a = 0.05 to determine if the observed frequencies follow a discrete probability distribution.

b. Determine the p-value using Excel and interpret its meaning.

AppendixLO1

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics

ISBN: 9780133852288

2nd Edition

Authors: Robert A Donnelly, Robert Donnelly Jr

Question Posted: