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A simple random sample of checks were categorized based on the number of cents on the...

A simple random sample of checks were categorized based on the number of cents on the written check and recorded below. Cents Category 0¢-24¢ 25¢-49¢ 50¢-74¢ 75¢-99¢ Frequency 58 37 28 17 Use the p-value method and a 5% significance level to test the claim that 50% of the check population falls into the 0¢-24¢ category, 20% of the check population falls into the 25¢-49¢ category, 16% of the check population falls into the 50¢-74¢ category, and 14% of the check population falls into the 75¢-99¢ category. Calculate the expected value for the 50¢-74¢ category (round to the nearest tenth).

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milcah answered 6 months ago
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