Monsterz Toyz has developed a new action figure for boys that comes in six different colors. The manufacturer claims that the ratio of colors in each batch (in order from least to most popular) is 10% green, 10% red, 15% white, 20% yellow, 20% black and 25% blue. The last batch from the factory produced the following result:
Toy Color Black White Blue Red Green Yellow
Count 72 77 80 61 72 38
Test the manufacturer's claim, at the 0.01 level of significance. Show all steps of the hypothesis process.
Additional Requirement
This questionis a part of Statistics and define about a study on the manufacturer's claim for the demand of the toy colors at 0.01 significance level. The hypothesis process has been given in the solution in detail.
Word limit 300