Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The shares of the US. automobile market held in 1990 by General Motors, Japanese manufacturers, Ford, Chrysler, and other manufacturers were, respectively, 38%,29%,19%,10%, and 4%.
The shares of the US. automobile market held in 1990 by General Motors, Japanese manufacturers, Ford, Chrysler, and other manufacturers were, respectively, 38%,29%,19%,10%, and 4%. Suppose that a new survey of 1,000 new-car buyers shows the following purchase frequencies: Bricture Gisk here for the Excel Dota. File (a) Show that it is appropriate to carry out a chi-square test using these data. (b) Determine whether the current market shares differ from those of 1990. Use =.05. (Round your answer to 3 decimal places.)
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