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Apply the Chi-Square Goodness-Of-Fit Test A χ2=8.012\chi ^ { 2 } = 8.012

question 20

Short Answer

Apply the Chi-Square goodness-of-fit test.
-Vending machines on a college campus offer a variety of drinks. The purchasing
Agent believes that each type of drink is equally preferred by students and consequently
Orders equal quantities. The number of drinks sold from vending machines on this
Campus for the last six months is shown in the following table. The correct value of the
Test statistic for determining if the purchasing agent's belief if supported is  Drink Type/Flavor  Lemon Lime  Sports Drink  Kiwi  Strawberry  Tropical  Punch  Grape  Sports Drink  Purchase Frequency 159198174149\begin{array}{|c|c|c|c|c|}\hline \text { Drink Type/Flavor } & \begin{array}{c}\text { Lemon Lime } \\\text { Sports Drink }\end{array} & \begin{array}{c}\text { Kiwi } \\\text { Strawberry }\end{array} & \begin{array}{c}\text { Tropical } \\\text { Punch }\end{array} & \begin{array}{c}\text { Grape } \\\text { Sports Drink }\end{array} \\\hline \text { Purchase Frequency } & 159 & 198 & 174 & 149\\\hline \end{array}

A. χ2=8.012\chi ^ { 2 } = 8.012
B. χ2=12.019\chi ^ { 2 } = 12.019
C. χ2=0.984\chi ^ { 2 } = 0.984
D. χ2=45.014\chi ^ { 2 } = 45.014
E. None of the above.


Definitions:

Owner's Drawings Account

An equity account that tracks the amounts withdrawn by the owner(s) of a business from the company for personal use.

Right Side

In accounting, this refers to the credit side of a ledger account, opposite of the left side (debit side), reflecting increases in liabilities, equity, and revenue accounts.

Account

A record used to keep track of financial transactions within a specific category in accounting.

Credit Side

The right side of an accounting ledger where increases in liabilities, equity, and revenue accounts, or decreases in assets and expense accounts are recorded.

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