The following hypotheses are given: H0: Forty percent of the observations are in category A, 40% are

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The following hypotheses are given:

H0: Forty percent of the observations are in category A, 40% are in B, and 20% are in C.

H1: The distribution of the observations is not as described in H0.

We took a sample of 60, with the results below.

Category fo

A ........... 30

B ........... 20

C ........... 10

a. State the decision rule using the .01 significance level.

b. Compute the value of chi-square.

c. What is your decision regarding H0?


Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Statistical Techniques In Business And Economics

ISBN: 356

16th Edition

Authors: Douglas Lind, William Marchal

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