Question: Conduct the hypothesis test and provide the test statistic and the critical value and state the conclusion. A person randomly selected 100checks and recorded the
Conduct the hypothesis test and provide the test statistic and the critical value and state the conclusion.
A person randomly selected 100checks and recorded the cents portions of those checks. The table below lists those cents portions categorized according to the indicated values. Use a 0.05significance level to test the claim that the four categories are equally likely. The person expected that many checks for whole dollar amounts would result in a disproportionately high frequency for the first category, but do the results support that expectation?
Calculate the test statistic, chi squared
The critical value is
What is the conclusion for this hypothesis test?
State the conclusion.
Reject /Do not reject H 0. There is /is not sufficient evidence to warrant rejection of the claim that. It does appear /does not appear that the checks are the result of fraud
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