Question

In: Statistics and Probability

Conduct the hypothesis test and provide the test statistic and the critical​ value, and state the...

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 31 20 21 28

A. Find Test Statistic

B. Find Critical Value

C. State the conclusion

Solutions

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