Is the distribution the same as reported in the newspaper

Reference no: EM13933787

Credit Union Loans USA TODAY reported that 21% of loans granted by credit unions were for home mortgages, 39% were for automobile purchases, 20% were for credit card and other unsecured loans, 12% were for real estate other than home loans, and 8% were for other miscellaneous needs. To see if her credit union customers had similar needs, a manager surveyed a random sample of 100 loans and found that 25 were for home mortgages, 44 for automobile purchases, 19 for credit card and unsecured loans, 8 for real estate other than home loans, and 4 for miscellaneous needs. At a = 0.05, is the distribution the same as reported in the newspaper?

Reference no: EM13933787

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