Conduct a goodness-of-fit test analysis

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Reference no: EM13232110

A survey performed by Simmons Market Research investigated the percentage of individuals in various age groups who indicated they were willing to pay more for environmenlal.ly friendly products. The results were presented in USA Today"Snapshots" (July 21, 2005). The survey had approximately 3,240 respondents in each age group. Results of the survey follow:

Age Group 18-24 25-34 35-44 45-54 55-64 65and over

Percentage 11 17 19 20 14 19

Conduct a goodness-of-fit test analysis to determine if the proportions of individualswilling to pay more for environmentaly friendly products in the various age groupsare equal. Use a significance level of 0.01.

Reference no: EM13232110

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