Use the following scenario to answer the next 6 questions: M&Ms are your favorite vending machine snack and you purchase them often. Lately, it seems like the bags have been having a disproportionate distribution of the colors. The company claims that 24% of the candies per bag should be blue. You decide to test this claim for yourself. You purchase a large bag and find that 38 of the 224 candies are blue. Before complaining to the company, you want to be fairly sure of your accusation, so you set a 1% significance level for your test. Do you have sufficient evidence that the color distribution is different than advertised? Based on the data, the value of the test statistic is:
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
Use the following scenario to answer the next 6 questions:
M&Ms are your favorite vending machine snack and you purchase them often. Lately, it seems like the bags have been having a disproportionate distribution of the colors. The company claims that 24% of the candies per bag should be blue. You decide to test this claim for yourself. You purchase a large bag and find that 38 of the 224 candies are blue. Before complaining to the company, you want to be fairly sure of your accusation, so you set a 1% significance level for your test. Do you have sufficient evidence that the color distribution is different than advertised?
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