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Economics

Suppose we want to test to see if a die is “fair”.

When the die is tossed 240 times the following results are obtained.

Value: 1 2 3 4 5 6

observed frequency: 36 47 35 42 44 36

a) find the expected frequencies if the die is fair.

b) calculate the chi-squared statistics.

c) find the 5% critical value

d) test the hypothesis that the die is fair

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91402386

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