Candies Mars, Inc. claims that its M&M plain candies are distributed with the following color percentages: 16%

Question:

Candies Mars, Inc. claims that its M&M plain candies are distributed with the following color percentages: 16% green, 20% orange, 14% yellow, 24% blue, 13% red, and 13% brown. Refer to Data Set 20 in Appendix B and use the sample data to test the claim that the color is as claimed by Mars, Inc. Use a 0.05 significance level.
Conduct the hypothesis test and provide the test statistic, critical value, and/or P-value, and state the conclusion.
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...