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 (Motor trend, November 2, 2011). 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%. a sample of 400 compact car sales in Chicago showed the following number of vehicle sold.  Chevy  Cruze  108 Ford Focus 92 Hyundai Elantra 64 Honda Civic 84 Toyota Corolla 52 Use a goodness of fit test to determine if the sample data indicate that the market shares for the five compact cars in Chicago are different than the market shares reported by Motor Trend. Using a .05 level of significance, what is the p-value and what is yourconclusion? What market share differences, if any. exist in Chicago?

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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 (Motor trend, November 2, 2011). 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%. a sample of 400 compact car sales in Chicago showed the following number of vehicle sold. 

Chevy  Cruze  108
Ford Focus 92
Hyundai Elantra 64
Honda Civic 84
Toyota Corolla 52

Use a goodness of fit test to determine if the sample data indicate that the market shares for the five compact cars in Chicago are different than the market shares reported by Motor Trend. Using a .05 level of significance, what is the p-value and what is yourconclusion? What market share differences, if any. exist in Chicago?

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