Following Are Observed Frequencies $H _ { 0 } : p _ { 1 } = 0.35 , p _ { 2 } = 0.2$

question 53

Multiple Choice

Following are observed frequencies. The null hypothesis is $H _ { 0 } : p _ { 1 } = 0.35 , p _ { 2 } = 0.2$ , $p _ { 3 } = 0.15 , p 4 = 0.15 , p _ { 5 } = 0.15$ .
$\begin{array}{l|lllll}\text { Category } & 1 & 2 & 3 & 4 & 5 \\\hline \text { Observed } & 38 & 26 & 22 & 4 & 16\end{array}$

Compute the value of $\chi ^ { 2 }$ .

• A) 14.332
• B) 13.277
• C) 15.086
• D) 12.356

---

Definitions:

MRPII

Manufacturing Resource Planning, an integrated method of operational and financial planning for manufacturing companies.

Financial Planning

The process of estimating the capital required and determining its competition; it's the process of framing financial policies in relation to procurement, investment, and administration of funds of an enterprise.

Operations And Logistics

The management of the processes involved in producing and distributing goods and services.

EOQ

Economic Order Quantity, a formula used in operations management to determine the optimal order size that minimizes the total inventory holding costs and ordering costs.