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An entrepreneur was opening a new fitness equipment store and wanted to determine the quantity of each type of aerobic equipment she needed to have

An entrepreneur was opening a new fitness equipment store and wanted to determine the quantity of each type of aerobic equipment she needed to have in inventory.In a previously opened store she opened, historical data showed the following to be monthly sales by machine in terms of percentage of units sold:

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Treadmill 42% Elliptical 22% Stairmaeter 22% Recumbent bike 14% She eeld 2pc tcial units in the rst menth e'F business with the fellewing dictributien'. Treadmill '91 Elliptical 35 Stairmaeter 4? Recumbent bike 22' 3' WE ARE THE DESERVE!) VALUES If her expected sales are to match her preuipuc ctere, did her cheenred 1.llaluee equal her expected 1.llalues at a 5% level [if Sig nim rice? \"Mn and chew the Sushi]: procu- Ilnng with Ilri'llI :uppnrtinl inrm-lien. Expected Values. Treadmill 2110 :l: .42 = 34 gimme 211i] 1: .22 = 4-4 Etairrnaster 2110 I .22 = 4-4 Fle cumberlt Bike 2110 I .14 = 23 Etep llwg: Ha: Step 2E3 Etep 3m Statistic: Step 4W Rule Etep SWand Decisicn U. 'ff 1: 1-2 x l f. Reject pr De Net Reject the He Meaning

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