Perform the Indicated Goodness-Of-Fit Test

question 64

Essay

Perform the indicated goodness-of-fit test. Be sure to state the hypotheses and the significance level, to obtain the criticalvalue, to compute the value of the test statistic, and to state your conclusion.
-In studying the responses to a multiple-choice test question, the following sample data were obtained. At the 0.05 significance level, test the claim that all five responses occur with the same frequency. $$\begin{array} { l | r r r r r } \text { Response } & \text { A } & \text { B } & \text { C } & \text { D } & \text { E } \\ \hline \text { Frequency } & 12 & 15 & 16 & 18 & 19 \end{array}$$

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Definitions:

Production Possibilities Frontier

A graph illustrating the maximum possible output combinations for two products that a country can produce given its technological capabilities and quantity of inputs.

Unemployment

The situation when individuals who are capable of working and are actively seeking employment are unable to find a job.

Production Possibilities Curve

A curve depicting all maximum output possibilities for two goods, given a set of inputs and technology.

Unemployment Rate

The fraction of the labor market actively in pursuit of work but is currently jobless.