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Based on 2017 sales, the six top-seling compact cars are the Honda Ovc, Tovoea Corella, Nesan
Sentra, Hyundal Glantra, Oherrolet Cruize, and Ford Foain and ford focus 8%. with other small
cor models comprising the manaining 23%. A sample of 400 compac car shes in oicase thomed
the following n.mber of vehicles sold. Excel File: data12-27.xdix sugpested by nynanwide 2047
saies. Uaing a 0.06 levei of signifcarce, attat is the pvalue7 Use Table 3 of Appendix 1 . The p-
value is: What is your condusion? Concluse that the markets shorei for the seven compact cars in
Chiceps the mainet ahere reporied.
Use a goodness of fit test to determine whether the sample data indicate that the markent shares
for cars in Chicsge are daferert than the inarioet ahare suggested by nationwide 2017 sales. Using
a 0.05 level of significance, what is the p-value? Use Table 3 of Appendix 3. The p-yalue is
What is your conclusion? Conclude that the markets shares for the seven compact cars in
chicago|. What market shape differences; if anv, exist in Chicago? Round your answers to three
decimal ptoces, Enter negative values as neyathe mumber.

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Based on 2017 sales, the six top-seling compact cars are the Honda Ov.pdf

  • 1. Based on 2017 sales, the six top-seling compact cars are the Honda Ovc, Tovoea Corella, Nesan Sentra, Hyundal Glantra, Oherrolet Cruize, and Ford Foain and ford focus 8%. with other small cor models comprising the manaining 23%. A sample of 400 compac car shes in oicase thomed the following n.mber of vehicles sold. Excel File: data12-27.xdix sugpested by nynanwide 2047 saies. Uaing a 0.06 levei of signifcarce, attat is the pvalue7 Use Table 3 of Appendix 1 . The p- value is: What is your condusion? Concluse that the markets shorei for the seven compact cars in Chiceps the mainet ahere reporied. Use a goodness of fit test to determine whether the sample data indicate that the markent shares for cars in Chicsge are daferert than the inarioet ahare suggested by nationwide 2017 sales. Using a 0.05 level of significance, what is the p-value? Use Table 3 of Appendix 3. The p-yalue is What is your conclusion? Conclude that the markets shares for the seven compact cars in chicago|. What market shape differences; if anv, exist in Chicago? Round your answers to three decimal ptoces, Enter negative values as neyathe mumber.