Acme Toy Company prints baseball cards. The company claims that 30% of the cards are rookies, 60% veterans but not All-S
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Acme Toy Company prints baseball cards. The company claims that 30% of the cards are rookies, 60% veterans but not All-S
Company prints baseball cards. The company claims that 30% of the cards are rookies, 60% veterans but not All-Stars, and 10% are veteran All-Stars. Suppose a random sample of 100 cards has 50 rookies, 45 veterans, and 5 All-Stars. Is this consistent with Acme's claim? Use a 0.01 level of significance. a) State the hypotheses and identify the claim with the correct hypothesis. 01. Ho percentages are the same (Not claim) H1: percentages are different(claim) 02. Ho percentages are the same (claim) Hi: percentages are different( Not claim) 3. Ho percentages are different (claim) H: percentages are the same( Not claim) b) Find the critical value (s). 1. CV=9.210 2. CV=6.635 3. CV=11.345
Acme Toy