TABLE 12-13
According to an Article in Marketing News, Fewer

question 30

Short Answer

TABLE 12-13
According to an article in Marketing News, fewer checks are being written at grocery store checkout stands than in the past. To determine whether there is a difference in the proportion of shoppers who pay by check among three consecutive years at a 0.05 level of significance, the results of a survey of 500 shoppers in three consecutive years are obtained and presented below.
$$\begin{array}{l}\text { \quad\quad\quad\quad \quad\quad\quad\quad\quad\quad\quad\quad Year }\\\begin{array} { c | c | c | c } \text { Check Written } & \text { Year 1 } & \text { Year 2} & \text { Year 3 } \\\hline \text { Yes } & 225 & 175 & 125 \\\text { No } & 275 & 325 & 375\end{array}\end{array}$$
-Referring to Table 12-13, what is the expected number of shoppers who pay by check in year 1 if there is no difference in the proportion of shoppers who pay by check among the three years?

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Definitions:

Contract

A legally binding agreement between two or more parties that outlines obligations, rights, and terms that are enforceable by law.

Material Errors

Significant mistakes or inaccuracies that impact the understanding, operation, or outcome of a document, financial statement, or process.

Construction

The process or art of building something, typically structures like buildings, bridges, and roads.

Fraudulently

Acting with intent to deceive or cheat, often to gain an unfair or unlawful advantage.