Section Exercise 15-40 Version 2 (Algo)
Use Excel data set B to investigate whether the data could have come from a normal population using $\alpha = .05$.
DATA SET D Price/Earnings Ratios for Specialty Retailers ($n = 58$)
Company
PE Ratio
Abercrombie and Fitch
26
Advance AutoParts
13
American Eagle Outfitters
17
United Auto Group
10
Williams-Sonoma
17
Zale
18
Click here for the Excel Data File
(a) Calculate the chi-square test statistic, degrees of freedom, and the $p$-value. (Round your test statistic value to 3 decimal places
and the $p$-value to 3 decimal places.)
Chi-square test statistic
degrees of freedom
4
p-value
Price-Earnings Ratios for Specialty Retail Stores ($n = 58$)