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Q. The four major competitors in the computer work-station market are Sun Microsystems (29%), Hewlett-Packard (18.8%), IBM (16%), and Digital Equipment (11.6%) with other manufacturers holding 24.6% of the market. One year later a survey of computer workstations found 97 Sun, 86 HP, 70 IBM, 60 Digital and 82 other. Test at the 2.5% level of significance whether changes have occurred during the 1-year period.
1. State the critical value for the test.2. Find the value of the test statistic (to 3 dec pl).3. Can we conclude that the proportions have changed during the year? (yes/no)
When the bookstore announces a 20% price increase in new texts and a 10% increase in used texts for next year, Guojun's father offers him $80 extra.
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