For Exercises perform these steps. a. State the hypotheses and identify the claim. b. Find the critical

Question:

For Exercises perform these steps.

a. State the hypotheses and identify the claim.
b. Find the critical value.
c. Compute the test value.
d. Make the decision.
e. Summarize the results.
Use the traditional method of hypothesis testing unless otherwise specified. Assume all assumptions are met.

In a recent year U.S. retail automobile sales were categorized as listed below.

Luxury 15.6% large 6% midsize 42% small 36.4%

A random sample of 150 recent purchases indicated the following results: 25 were luxury models, 12 were large cars, 60 were midsize, and 53 were small. At the 0.10 level of significance, is there sufficient evidence to conclude that the proportions of each type of car purchased differed from the report?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: