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3. In business, cash flow refers to the net balance of cash moving into and out of a business at a specific point in time.
3. In business, cash flow refers to the net balance of cash moving into and out of a business at a specific point in time. A business wants to determine if the distribution of their cash flow has changed. Over the past few years, their cash flow has been modeled with the following distribution. 20% 44% 27% 9% 10 30 50 70 90 Cash Flow Based on a random sample of 60 days in the previous year, the net balance is recorded. 15.89 17.89 19.84 23.42 27.96 29.28 30.64 31.07 31.57 31.88 32.63 33.14 34.91 34.94 35.07 35.94 36.1 36.43 37 37.76 37.85 39.07 39.78 40.18 41.09 41.93 42.1 42.11 42.62 42.81 43.62 43.66 45.99 46.83 50.65 51.06 51.44 52.13 52.92 53.1 55.05 55.32 55.37 56.8 58.1 59.72 60.15 60.51 60.89 62.95 66.26 66.97 67.01 68.59 70.44 71.3 71.43 71.88 73.61 74.58 At the 0.05 level, is there enough evidence to conclude the distribution of cash flow has changed? Note: You do not need to enter the 60 observations into JMP to answer this
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