A fund manager wants to know if it is equally likely that the Dow Jones Industrial Average will go up each day of the we

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answerhappygod
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A fund manager wants to know if it is equally likely that the Dow Jones Industrial Average will go up each day of the we

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A fund manager wants to know if it is equally likely that the
Dow Jones Industrial Average will go up each day of the week. For
each day of the week, the fund manager observes the following
number of days when the Dow Jones Industrial Average goes up.
Day of the Week
Observed
Monday
192
Tuesday
189
Wednesday
202
Thursday
199
Friday
218
At the 5% significance level, the critical value is _______, and
your test statistics is _______.
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