Conduct the hypothesis test and provide the test statistic, critical value and P-value, and state the conclusion.
A person randomly selected 100 checks and recorded the cents portions of those checks. The table below lists those cents portions categorized according to the indicated values. Use a 0.05 significance 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 Number
0-24 55
25-49 12
50-74 14
75-99 19
The Test Statistic is ________(Type as an integer or decimal)
What is the P value_________
Reject or accept Null Hypothesis ________