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In a survey on preferences for three different brands, 1000 consumers participated. The responses indicated that 250 consumers preferred A- Brand, 200 preferred B-Brand,
In a survey on preferences for three different brands, 1000 consumers participated. The responses indicated that 250 consumers preferred A- Brand, 200 preferred B-Brand, and 550 preferred the C-Brand. Conduct a Goodness of Fit Test in the space below for the null hypothesis: PA = 0.25, PB = 0.25, pc = 0.50. Use a level of significance of 5%. Show all your work in the space below; correct by unsupported answers will be assigned a score of zero. Provide a verbal conclusion of your findings.
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