SOLUTION: 1)School planners in 1995 gave the following planning estimates for the growth of the student population for the next 9 years. Perform a goodness of fit to see if their estimates
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Question 137037: 1)School planners in 1995 gave the following planning estimates for the growth of the student population for the next 9 years. Perform a goodness of fit to see if their estimates were accurate.
Planning Year
Actual Size
Expected
Size
1Planning Year
798Actual Size
798Expected Size
2Planning Year
876Actual Size
872Expected Size
3Planning Year
950Actual Size
955Expected Size
4Planning Year
1044Actual Size
1046Expected Size
5Planning Year
1025Actual Size
1144Expected Size
6Planning Year
1232Actual Size
1254Expected Size
7Planning Year
1477Actual Size
1371Expected Size
8Planning Year
1531Actual Size
1503Expected Size
9Planning Year
1655Actual Size
1645Expected Size
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
This is a cumbersome problem.
Hopefully you have a calculator with Ch-Sq capability.
Build a matrix.
Let the actual values be the 1st row
Let the expected values be the 2nd row.
----------
Run a Ch-Sq Test to generate the test statistic and the p-value.
Compare the p-value and the significance level.
Draw a conclusion.
======================
Cheers,
Stan H.
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