Question: A company is considering five possible names for its new product. Before choosing a name, the firm decides to test whether all five names are

A company is considering five possible names for its new product. Before choosing a name, the firm decides to test whether all five names are equally appealing. A random sample of 100 people is chosen, and each person is asked to state her or his choice of the best name among the five possibilities. The numbers of people who chose each one of the names are as follows.

Name: A B C D E

Number of choices: 4 12 34 40 10

Conduct the test.

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