Best Sleep and Furniture Company wishes to study the number of credit applications received per day. The information is reported is reported as follows:
|
Number of
Credit
Applications
|
Frequency
(Nb. of days)
(f0)
|
National
Statistics
(fe)
|
| 0 |
45 |
49.3 |
| 2 |
86 |
81.7 |
| 4 |
78 |
76 |
| 6 |
45 |
49.2 |
| 8 |
33 |
31.3 |
| 10 or more |
12 |
11.5 |
At the 0.05 significance level:
a. State the decicion rule.
b. Compute the value of chi-square (x2)
c. What is the decision regarding H0?