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Toyota Camry, Honda Accord and Ford F-150 are the top 3 best-selling passenger cars in the U.S for the last 5 years. Data for 2018 is shown in the table below. Your interest is to to determine whether the shares in the passenger car market have changed in 2018. Use an alpha of 0.10 on your test.

Market Share    Observed in 2018

Toyota Camry 0.40 90

Honda Accord 0.20 40

Ford F-150 0.40 70

total 100% 200

e. What is your decision after performing the test?


A. Reject Ho (null)

B. Accept H0 (the null)

f. What is your conclusion after performing the test? Be specific and relate to the problem.

Math   Statistics-And-Probability   
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