Pay cash for purchases


53% of adult shoppers prefer to pay cash for purchases, 30% use checks, 16% use credit cards, and 1% have no preference. The owner of a large store randomly selected 800 shoppers and asked their payment preferences.

The results were that 400 paid cash, 210 paid by check, 170 paid with a credit card, and 20 had no preference.At a=0.01, test the claim thatthe owner's customers have the same preferences asthose surveyed.

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Basic Statistics: Pay cash for purchases
Reference No:- TGS0863552

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