Sara is a salesperson for Cameras Etc. which is a retailer for high end digital cameras. Historically,

Question:

Sara is a salesperson for Camera’s Etc. which is a retailer for high end digital cameras. Historically, Sara has sold an average of 2.1 extended warranties per day. Data in the Excel file camera warranty. xlsx display the number of extended warranties that Sara has sold per day over the past 100 business days.

a. Using α = 0.10, perform a chi-square test to determine if the data follow a Poisson probability distribution with λ = 2.1.

b. Determine the p-value for the chi square test statistic using Excel and interpret its meaning.

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...