Perform the Indicated Goodness-Of-Fit Test

question 11

Essay

Perform the indicated goodness-of-fit test. A company manager wishes to test a union leader's claim that absences occur on the different week days with the same frequencies. Test this claim at the 0.05 level of significance if the following sample data have been compiled. $$\begin{array} { c | c c c c c } \text { Day } & \text { Mon } & \text { Tue } & \text { Wed } & \text { Thurs } & \text { Fri } \\\hline \text { Absences } & 37 & 15 & 12 & 23 & 43\end{array}$$

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Definitions:

Unpredictable Demand

Variability in customer demand patterns that cannot be accurately forecasted, posing challenges for inventory management and planning.

Not Positively Correlated

Refers to a statistical relationship between two variables where one variable does not necessarily increase as the other increases or decreases as the other decreases.

Multiple Smaller Orders

Refers to the strategy of breaking down large orders for goods or services into smaller ones, often to manage risk, improve cash flow, or respond more flexibly to market demand.

Match Supply

the process of adjusting production levels, inventory, or supply chain capacities to meet the current or forecasted demand effectively.