Question: Conduct the hypothesis test and provide the teststatistic, critical value andP-value, and state the conclusion. A person randomly selected 100 checks and recorded the cents
Conduct the hypothesis test and provide the teststatistic, critical value andP-value, and state the conclusion.
A person randomly selected 100 checks and recorded the cents portions of those checks. The table below lists those cents portions categorized according to the indicated values. Use a 0.05 significance 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 firstcategory, but do the results support thatexpectation?

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