Answered step by step
Verified Expert Solution
Question
1 Approved Answer
100% + E3 View Zoom Add Page Insert Table Chart Text Shape Media Comment Collaborate Format Document 1. A storeowner wishes to see if people
100% + E3 View Zoom Add Page Insert Table Chart Text Shape Media Comment Collaborate Format Document 1. A storeowner wishes to see if people have a favorite day of the week to shop. A sample of 400 people is selected, and each is asked his or her preference. The data are shown. At a 0.05, test the claim that shoppers have no preference. Give one example of how retail merchants would be able to use the numbers in this study. Day Sun. Mon. Tues. Wed. Thurs. Fri. Sat. Number 28 16 20 2 74 96 140 Source: Based on information from the International Mass Retail Association. Find the expected frequencies. Copy from Excel (4 pts.) Write the Null and the Alternative hypotheses. (2 pts.) H1: Find the p-value = (2 pts.) Write the decision, Reject or Fail to Reject Ho (1 pt.) Write the conclusion in context of this problem. (1 pt.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started