Acme Toy Company prints baseball cards. The company claims that 30% of the cards are Rookies, 60% Veterans but not All-Stars, and 10% are Veteran All-Stars. Suppose a random sample of 100 cards has 50 Rookies, 45 Veterans, and 5 Veterans All-Stars. Set-up a hypothesis test to test if this information is consistent with the Acme’s company claim? Use a 0.05 level of significance.   Rookies Veterans Veterans All-Stars Observed 50 45 5 Expected 30 60 10

Question

Acme Toy Company prints baseball cards. The company claims that 30% of the cards are Rookies, 60% Veterans but not All-Stars, and 10% are Veteran All-Stars. Suppose a random sample of 100 cards has 50 Rookies, 45 Veterans, and 5 Veterans All-Stars.

Set-up a hypothesis test to test if this information is consistent with the Acme’s company claim? Use a 0.05 level of significance.

  Rookies Veterans Veterans All-Stars
Observed 50 45 5
Expected 30 60 10

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Hypothesis Testing

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