Over the last 3 years, Arts Supermarket has observed the following distribution of modes of payment in

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Over the last 3 years, Art€™s Supermarket has observed the following distribution of modes of payment in the express lines: cash (C) 41%, check (CK) 24%, credit or debit card (D) 26%, and other (N) 9%. In an effort to make express checkout more efficient, Art€™s has just begun offering a 1% discount for cash payment in the express checkout line. The following table lists the frequency distribution of the modes of payment for a sample of 500 express-line customers after the discount went into effect.
Over the last 3 years, Art€™s Supermarket has observed the

Test at a 1% significance level whether the distribution of modes of payment in the express checkout line changed after the discount went into effect.

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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