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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 0.025 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 33 23 17 27 Click here to view the chi-square distribution table. The test statistic is (Round to three decimal places as needed.)
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