Beginning Statistics (15.04)-10.6 Chi-Square Test for Goodness of Fit Certify mo

Question

Beginning Statistics (15.04)-10.6 Chi-Square Test for Goodness of Fit Certify mode KASEY CO Lesson 10.6 ,Chi·Square Test PROBLE prefer Whole Life, 40% prefer Universal Life, and 20% prefer Life Annuities. The results of a survey of 331 customers were tabulated. Is the sales manager's claim refuted by the data at alpha = 0.01 ? Product Number Universal HYPOTHESES Indicate the correct fomulation of the hypotheses. H,; preferences for life insurance products are as per the manager's belief H preferences for lile insurance products are not as per the manager's belief H, preferences for life insurance products are not as per the marsager's belief H peeferences for life isurance products are as per the manager's bebe

Explanation / Answer

Correct option:

H0: preferences for life insurance products are as per the manager's belief.

Ha: preferences for life insurance products are not as per the manager's belief.

EXPLANATION: H0 contains "=" codition. H1 will contain the inequality condition.

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