Based on sales over a six-month period, the five top-selling compact cars a Chevy Cruze 24%, Ford Focus 21%, Hyundai Elantra 20%, Honda Civic 18%, and Toyota Corolla 17%. Suppose a sample of 400 compact car sales in one city showed the following number of vehic Chevy Cruze Ford Focus Hyundai Elantra 107 93 65 Honda Civic 84 Toyota Corolla 51 Use a goodness of fit test to determine if the sample data indicate that the market shares for the five compact cars in this city are different than the market shares reported by Motor Trend. Use a State the null and alternative hypotheses. O Ho: The majority of the market shares for the five automobiles in this city are the same as the ones reported by Motor Trend. H: The majority of the market shares for the five automobiles in this city differ from the ones reported by Motor Trend. O Ho: The majority of the market shares for the five automobiles in this city differ from the ones reported by Motor Trend. H₂: The majority of the market shares for the five automobiles in this city are the same as the ones reported by Motor Trend. O Ho: The market shares for the five automobiles in this city differ from 0.24, 0.21, 0.20, 0.18, 0.17. H: The market shares for the five automobiles in this city are the same as the above shares. O Ho: The market shares for the five automobiles in this city are 0.24, 0.21, 0.20, 0.18, 0.17. H: The market shares for the five automobiles in this city differ from the above shares. Find the value of the test statistic. (Round your answer to three decimal places.)

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Based on sales over a six-month period, the five top-selling compact cars are Chevy Cruze, Ford Focus, Hyundai Elantra, Honda Civic, and Toyota Corolla.† Based on total sales, the market shares for these five compact cars were
Chevy Cruze 24%, Ford Focus 21%, Hyundai Elantra 20%, Honda Civic 18%, and Toyota Corolla 17%. Suppose a sample of 400 compact car sales in one city showed the following number of vehicles sold.
Chevy Cruze
Ford Focus
Hyundai Elantra
Honda Civic
Toyota Corolla
107
93
65
84
51
Use a goodness of fit test to determine if the sample data indicate that the market shares for the five compact cars in this city are different than the market shares reported by Motor Trend. Use a 0.05 level of significance.
State the null and alternative hypotheses.
O Ho: The majority of the market shares for the five automobiles in this city are the same as the ones reported by Motor Trend.
Ha:
: The majority of the market shares for the five automobiles in this city differ from the ones reported by Motor Trend.
O Ho: The majority of the market shares for the five automobiles in this city differ from the ones reported by Motor Trend.
H₂: The majority of the market shares for the five automobiles in this city are the same as the ones reported by Motor Trend.
O Ho: The market shares for the five automobiles in this city differ from 0.24, 0.21, 0.20, 0.18, 0.17.
H₂:
: The market shares for the five automobiles in this city are the same as the above shares.
O Ho: The market shares for the five automobiles in this city are 0.24, 0.21, 0.20, 0.18, 0.17.
H₂: The market shares for the five automobiles in this city differ from the above shares.
Find the value of the test statistic. (Round your answer to three decimal places.)
Find the p-value. (Round your answer to four decimal places.)
p-value
State your conclusion.
O Reject Ho. We cannot conclude that the market shares for the five compact cars in this city differ from the market shares reported.
O Do not reject Ho. We conclude that the market shares for the five compact cars in this city differ from the market shares reported.
O Do not reject Ho. We cannot conclude that the market shares for the five compact cars in this city differ from the market shares reported.
Reject Ho.
We conclude that the market shares for the five compact cars in this city differ from the market shares reported.
Transcribed Image Text:Based on sales over a six-month period, the five top-selling compact cars are Chevy Cruze, Ford Focus, Hyundai Elantra, Honda Civic, and Toyota Corolla.† Based on total sales, the market shares for these five compact cars were Chevy Cruze 24%, Ford Focus 21%, Hyundai Elantra 20%, Honda Civic 18%, and Toyota Corolla 17%. Suppose a sample of 400 compact car sales in one city showed the following number of vehicles sold. Chevy Cruze Ford Focus Hyundai Elantra Honda Civic Toyota Corolla 107 93 65 84 51 Use a goodness of fit test to determine if the sample data indicate that the market shares for the five compact cars in this city are different than the market shares reported by Motor Trend. Use a 0.05 level of significance. State the null and alternative hypotheses. O Ho: The majority of the market shares for the five automobiles in this city are the same as the ones reported by Motor Trend. Ha: : The majority of the market shares for the five automobiles in this city differ from the ones reported by Motor Trend. O Ho: The majority of the market shares for the five automobiles in this city differ from the ones reported by Motor Trend. H₂: The majority of the market shares for the five automobiles in this city are the same as the ones reported by Motor Trend. O Ho: The market shares for the five automobiles in this city differ from 0.24, 0.21, 0.20, 0.18, 0.17. H₂: : The market shares for the five automobiles in this city are the same as the above shares. O Ho: The market shares for the five automobiles in this city are 0.24, 0.21, 0.20, 0.18, 0.17. H₂: The market shares for the five automobiles in this city differ from the above shares. Find the value of the test statistic. (Round your answer to three decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value State your conclusion. O Reject Ho. We cannot conclude that the market shares for the five compact cars in this city differ from the market shares reported. O Do not reject Ho. We conclude that the market shares for the five compact cars in this city differ from the market shares reported. O Do not reject Ho. We cannot conclude that the market shares for the five compact cars in this city differ from the market shares reported. Reject Ho. We conclude that the market shares for the five compact cars in this city differ from the market shares reported.
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