Distribution: 0.2, 0.4, 0.3, 0.1; Observed frequencies: 39, 78, 64, 19; Significance level = 0.05 We have

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Distribution: 0.2, 0.4, 0.3, 0.1;
Observed frequencies: 39, 78, 64, 19;
Significance level = 0.05
We have provided a distribution and the observed frequencies of the values of a variable from a simple random sample of a population. In each case, use the chi-square goodness-of-fit test to decide, at the specified significance level, whether the distribution of the variable differs from the given distribution.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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