The following hypotheses are given: H0: Forty percent of the observations are in category A, 40% are
Question:
The following hypotheses are given:
H0: Forty percent of the observations are in category A, 40% are in B, and 20% are in C.
H1: The distribution of the observations is not as described in H0.
We took a sample of 60, with the results below.
Category fo
A ........... 30
B ........... 20
C ........... 10
a. State the decision rule using the .01 significance level.
b. Compute the value of chi-square.
c. What is your decision regarding H0?
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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Related Book For 
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
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