Payment Preference AUSA TODAY Snapshot states that 53% of

Chapter 11, Problem 13

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Payment Preference AUSA TODAY Snapshot states that 53% of adult shoppers prefer to pay cash for purchases, 30% use checks, 16% use credit cards, and 1% have no preference. The owner of a large store randomly selected 800 shoppers and asked their payment preferences. The results were that 400 paid cash, 210 paid by check, 170 paid with a credit card, and 20 had no preference. At a_0.01, test the claim that the owners customers have the same preferences as those surveyed. Source: USA TODAY.

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