Solution-Color distribution for plain m-m

Color distribution for plain m-m

Reference no: EM131332803

The US Express reported that the color distribution for plain M&M's was: 40%brown, 20% yellow, 20% orange, 10% green, and 10% tan. Each piece of candy in a random sample of 100 plain M&M's was classified according to color, and the results are listed below.

Use a 0.05 significance level to test the claim that the published color distribution is correct.

Color Brown Yellow Orange Green Tan

Number 45 21 11 8 15

(a) Identify the null hypothesis and the alternative hypothesis.

(b) Determine the test statistic.

(d) Is there sufficient evidence to support the claim that the published color distribution is correct?

Reference no: EM131332803

Questions Cloud

Bond price today-six months from now after next coupon : Consider a bond paying a coupon rate of 11.75% per year semiannually when the market interest rate is only 4.7% per half-year. The bond has two years until maturity. Find the bond's price today and six months from now after the next coupon is paid. ..

Identify the null hypothesis and alternative hypothesis : (a) Identify the null hypothesis and alternative hypothesis. (b) Determine the test statistic. (c) Determine the P-value for this test. (d) Is there sufficient evidence to support the researcher's claim? Explain.

What lifted the jews from obscurity : "What lifted the Jews from obscurity to permanent religious greatness was their passion for meaning." Explain this statement by referring to at least four of the following concepts: God, history, creation, human existence, Messianism, morality, ju..

Write out the belief hierarchies of orders : Consider the following belief space, where the set of players is N = {I, II}, and the set of states of nature is S = {s1, s2}:- Write out the belief hierarchies of orders 1, 2, and 3 of Player I, at each state of the world.

Color distribution for plain m-m : The US Express reported that the color distribution for plain M&M's was: 40%brown, 20% yellow, 20% orange, 10% green, and 10% tan. Each piece of candy in a random sample of 100 plain M&M's was classified according to color, and the results are lis..

Customer for dinner at a new restaurant : Suppose we would like to determine if the typical amount spent per customer for dinner at a new restaurant in town is more than $20.00. A sample of 49 customers over a three-week period was randomly selected and the average amount spent was $22.6..

What is rogers first order belief : Construct a space of states of nature corresponding to the above description.- What is Roger's first-order belief? What is his second-order belief? What is his third-order belief?

Calculate the money market hedge-calculate option hedge : Assume that Pomo Limited, a US based firm, expects to receive S$800,000 in one year. The existing spot rate of the Singapore dollar is US$0.74. The one-year forward rate of the Singapore dollar is US$0.76. Calculate the forward contract hedge. Calcul..

Discuss the child and adolescent development resources : Discuss the child and adolescent development resources in the educational support system which should encompass accessibility, organizational structure, and funding to support a newly implemented industry standard

User Account

All Pages

Color distribution for plain m-m

Reference no: EM131332803

Reference no: EM131332803

Questions Cloud

Reviews

Write a Review

Finance Basics Questions & Answers

Financial reporting and analysis

A report on financial accounting

Describe the types of financial ratios

Differences between sole proprietorship and corporation

Prepare a cash budget statement

What are the implied interest rates

State pricing theory and no-arbitrage pricing theory

Small business administration

Effect of financial leverage

Evaluate the basis for the payment to the lender

Importance of opps, ipps, mpfs and dmepos

Time value of money

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT