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Answer the following question At a major credit card bank, the percentages of people who historically apply for the Silver, Gold and Platinum cards are

Answer the following question

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At a major credit card bank, the percentages of people who historically apply for the Silver, Gold and Platinum cards are 60%, 30% and 10%, respectively. In a recent study of customers responding to a promotion, of 200 customers, 127 applied for Silver, 48 for Gold and 25 for Platinum. The observed and expected data are summarised in the table below: Card Type Observed Expected (O-EFIE Silver 127 120 0.408 Gold 48 *** *** Platinum 25 20 1.250 Use the output and your calculator to answer questions 1-3. 1 . What is the expected value for Gold card applicants? (integer) 2. What is the contribution to chi-squared for Gold card applicants? (3 dp) 3. What is the chi-squared test statistic? (3 dp) 4. Using Excel, determine the p-value: (4 dp) 5. Would you (A) reject or (B) not reject the hypothesis that the proportions are as stated

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