Vehicle ownership distribution in given community

Reference no: EM131408227

For the data provided in given Exercise, use the 0.05 level in testing whether the sample could have been drawn from a Poisson population with λ = 1.5.

Exercise
It has been reported that 10.3% of U.S. households do not own a vehicle, with 34.2% owning 1 vehicle, 38.4% owning 2 vehicles, and 17.1% owning 3 or more vehicles. The data for a random sample of 100 households in a resort community are summarized in the frequency distribution below. At the 0.05 level of significance, can we reject the possibility that the vehicle-ownership distribution in this community differs from that of the nation as a whole?

Number of Vehicles Owned	Number of Households
0	20
1	35
2	23
3 or more	22
	100

Reference no: EM131408227

Questions Cloud

Case study-copper kettle catering : Copper Kettle Catering (CKC) is a full-service catering company that provides services ranging from box lunches for picnics or luncheon meetings to large wedding, dinner, or office parties.

How the liabilities affected the basic accounting equation : Assume $25 million was actually spent in 2009 to remediate environmental problems. Draw a T-account and reconstruct 2009 changes for contingencies.

Identify and discuss a quantitative research design : Identify and discuss a quantitative research design that would best fit with the clinical topic which is patient falls with injury

How is obedience to authority exemplified in the film : Compare and contrast the movie with the real Stanford Prison experiment?Define cognitive dissonance and use one character to explain how cognitive dissonance is reflected in the movie.How is obedience to authority exemplified in the film?Do you think..

Vehicle ownership distribution in given community : At the 0.05 level of significance, can we reject the possibility that the vehicle-ownership distribution in this community differs from that of the nation as a whole?

Compute the actual annual interest rate on the note : On December 1, Spencer Department Store borrowed $19,250 from First Bank and Trust. Spencer signed a ninety-day note with a face amount of $20,000. The interest rate stated on the face of the note is 15 percent per year.

When is stress helpful : Look at the "Basic model of stress in the workplace" and think about the various roles you have or have had (student, instructor, boss, subordinate, parent, etc.) and answer the following:

Relation to operations management : What are the similarities between service operations and manufacturing operations in relation to Operations management?

Write a magazine article that discusses visual imagery : Write a 550-word magazine article that discusses visual imagery (must look like a magzine article, so at least one graphic art) . Includethe following in your article:A contrast of verbal and visual imagery,An argument about which of these you cons..

User Account

All Pages