Shoppers Were Asked Where They Do Their Regular Grocery Shopping

question 73

Essay

Shoppers were asked where they do their regular grocery shopping. The table below shows the responses of the sampled shoppers. We are interested in determining if the proportions of females in the three categories are different from each other.
a.Provide the null and the alternative hypotheses.
b.Determine the expected frequencies.
c.Compute the sample proportions.
d.Compute the critical values (CV_ij).
e.Give your conclusions by providing numerical reasoning.

---

Definitions:

Monetary Value

The value of an object or service based on the amount of money that it can be bought or sold for in the market.

Limited Liability

A legal structure that limits each owner's personal liability to the amount invested in the business.

Share Transferability

The ease with which shares of a company can be transferred or sold from one party to another.

Paid-In Capital in Excess of Par

The amount of capital received from investors for stock, above its par value, also known as additional paid-in capital.