Question: The publisher of a sports magazine plans to offer new subscribers one of three gifts: a sweatshirt with a logo of their favorite team, a coffee cup with the logo of their favorite team, or a pair of earrings also with the logo of their favorite team. In a sample of 500 new subscribers, the number selecting each gift is reported following. At the 0.05 significance level, is there a preference for the gifts or should we conclude that the gifts are equally liked? If you use Excel or Megastat, embed the spreadsheet/worksheet into this exercise.

1. Set up the null hypothesis and alternative hypothesis.
2. State the decision rule.
3. Show calculations for the test statistic.

   Place your answer (only the value only) to the test statistic in the box to the right:

4. What is your decision?

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Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document