Question
Conduct the hypothesis test and provide the test statistic and the critical value, and state the conclusion. A person randomly selected 100 checks and recorded
Conduct the hypothesis test and provide the test statistic and the critical value, and state the conclusion.
A person randomly selected 100 checks and recorded the cents portions of those checks. The table below lists those cents portions categorized according to the indicated values. Use a 0.05 significance level to test the claim that the four categories are equally likely. The person expected that many checks for whole dollar amounts would result in a disproportionately high frequency for the first category, but do the results support that expectation?
Cents portion of check | 0-24 | 25-49 | 50-74 | 75-99 | |
---|---|---|---|---|---|
Number | 34 | 22 | 19 | 25 |
The test statistic?
The critical value?
State the conclusion?
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