THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 94

Short Answer

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Three choices of free gifts are offered to 270 persons who subscribed to a new magazine.The number of subscribers choosing each gift is shown in the table below.Assume the null hypothesis that the gifts are equally attractive to the subscribers.Use a 0.01 significance level.

-State the decision rule.

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Definitions:

Quantum Meruit

A legal principle where someone is paid for the value of work or services performed, when there hasn't been a specified contract about payment.

Monetary Compensation

Payment made in the form of money to settle a claim, compensate for damage, work done, or injury.

Principle

A fundamental truth or proposition that serves as the foundation for a system of belief or behavior or for a chain of reasoning.

Limitations

Restrictions or cap on the amount of time within which legal action can be initiated or certain rights can be enforced.