Use the Following Information for Following Questions

Essay

Use the following information for following questions:. Almas caviar is a very expensive Iranian
brand of Beluga sturgeon caviar. A one pound gold-plated tin typically costs $12,000 or more. In a blind
taste test, a group of food experts tasted four premium Beluga sturgeon caviars, with the most expensive
one being Almas caviar. When asked to pick the most expensive caviar, 141 got it right and 79 got it
wrong.
-Calculate the observed value of the chi-square statistic to test whether the proportion of people selecting the correct brand as most expensive differs from chance. Show all your work. Round to the nearest hundredth.