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 10 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 Number Click here to view the chi square distribution table 0 24 31 25 49 24 The test statistic is 2 16 Round to three decimal places as needed The critical value is 6 251 Round to three decimal places as needed State the conclusion 50 74 21 Ho There claim that the four categories are equally likely The results support the expectation that the frequen 75 99 24 sufficient evidence to warrant rejection of the to 0
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started