Diller & Fisher is a real estate company that rents vacation properties in an oceanside community in New Jersey. They believe that the following table represents the probability distribution for the number of bedrooms for rental properties.
The number of bedrooms from a random sample of rental properties that Diller & Fisher collected is shown here.
a. Using α = 0.10, does this sample provide enough evidence to support Diller & Fisher’s belief about the probability distribution?
b. Determine the pvalue for the chisquare test statistic using Excel and interpret its meaning.

  • CreatedJuly 28, 2015
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