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A phone company plans on offering their new smartphone in four colours: white, black, silver and rose gold. They anticipate that 30% of shoppers will
A phone company plans on offering their new smartphone in four colours: white, black, silver and rose gold. They anticipate that 30% of shoppers will prefer white, 35% will prefer black, 20% will prefer silver and 15% will prefer rose gold. They perform market research by asking a random sample of 350 potential customers which colour they prefer.
Colour | White | Black | Silver | Rose Gold |
---|---|---|---|---|
Frequency | 101 | 134 | 89 | 26 |
Can the company conclude that their expected distribution was accurate using a 0.5% level of significance?
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