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...

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

0.10

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	54	18	14	14

The test statistic is?

(Round to three decimal places as needed.)

The critical value is?

(Round to three decimal places as needed.)

State the conclusion.

Jun 09, 2022

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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...

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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...

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Related Questions & Answers

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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...