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? Cents portion of check ​0-24 ​25-49 ​50-74 ​75-99   Number 35 24 17 24   The test statistic is? The critical value is? State the conclusion.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.CT: Chapter Test
Problem 24CT: Show the sample space of the experiment: toss a fair coin three times.
icon
Related questions
Topic Video
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 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?
Cents portion of check
​0-24
​25-49
​50-74
​75-99
 
Number
35
24
17
24
 

The test statistic is?

The critical value is?

State the conclusion. 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Knowledge Booster
Hypothesis Tests and Confidence Intervals for Proportions
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning