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A manufacturer packs a prize in each box of its cereal and claims that the probabilities of getting various prizes are as follows: Prize Probability
A manufacturer packs a prize in each box of its cereal and claims that the probabilities of getting various prizes are as follows:
Prize Probability Ring 0.20
Key Chain 0.30
Puzzle 0.15
Pen 0.25
Flashlight 0.10
To see if the companys claim is accurate, a consumer group randomly selects 1,020 boxes of this product and obtains the following data:
Prize Frequency Ring 186
Key Chain 327
Puzzle 168
Pen 225
Flashlight 114
Using a 5% level of significance, test the claim that the distribution of prizes is what the manufacturer claims.
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