Five Types of Apples Are Displayed Side by Side in Several

question 83

Essay

Five types of apples are displayed side by side in several supermarkets in the city of Miami.It was noted that in one day,180 customers purchased apples.Of these,30 picked type A,40 picked type B,25 picked type C,35 picked type D,and 50 picked type E.In Miami,can you conclude at the 5% significance level that there is a preferred type of apples?

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Definitions:

Merchandise

Goods that are bought and sold in the course of business operations, typically in a retail or wholesale context.

Credit Terms

The conditions under which a seller extends credit to a buyer, including the repayment time frame and any interest or discounts.

Trade Discount

A reduction in the listed price of a product or service, offered by a seller to a buyer in the business-to-business market.

Acid-Test Ratio

A financial metric that assesses a company's ability to pay off its short-term liabilities with its most liquid assets, excluding inventories.