The owner of a mail-order catalog would like to compare her sales with the geographic distribution of
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The owner of a mail-order catalog would like to compare her sales with the geographic distribution of the population. According to the U.S. Bureau of the Census, 21% of the population lives in the Northeast, 24% in the Midwest, 35% in the South, and 20% in the West. Listed below is a breakdown of a sample of 400 orders randomly selected from those shipped last month? At the .01 significance level, does the distribution of the orders reflect the population?
Region Frequency
Northeast ......... 68
Midwest ........104
South ......... 155
West ......... 73
Total .........400
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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H o B ne 021 B m 024 B s 035 and B w 020 H 1 The distribution is not as given Reject H o i...View the full answer
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Related Book For 
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
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