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    Statistics
  3. Study Set
    Introduction to Business Statistics
  4. Exam
    Exam 13: Chi-Square Applications
  5. Question
    Should the Assumption of a Binomial Distribution with a Probability\(\pi\)
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Should the Assumption of a Binomial Distribution with a Probability π\piπ

Question 1

Question 1

Essay

Should the assumption of a binomial distribution with a probability of purchase π\piπ
equal to 0.50 be rejected at the 5% significance level?
Hypotheses: ____________________
Test statistic = ____________________
Critical Value = ____________________
Conclusion: ____________________________

Correct Answer:

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