QUESTION 14 A general manager of the Mega Mart supermarket chain is studying the method of payment used by the customers at two of its city stores. At the chain’s downtown store last week, a sample of...


QUESTION 14







  1.             A general manager of the Mega Mart supermarket chain is studying the method of payment used by the customers at two of its city stores.  At the chain’s downtown store last week, a sample of 400 patrons was randomly selected, and each patron’s method of payment was identified.  Is there sufficient evidence to dispute the claim, using a 0.001 level of significance, that all methods of payment had an equal likelihood of occurrence?  The multinomial sample results were as follows:























    Payment Method



    Cash



    Check



    Credit Card



    Debit Card



    Food Stamps




    Observed



    Frequency



    119



    107



    71



    55



    48




    Given that all five methods of payment are claimed to have the same likelihood of occurrence, their respective hypothesized proportions are 20%or 0.20.









Jun 03, 2022
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