A local car-rental company has 40 cars to rent. The marketing manager believes that the number of cars rented daily is a binomially distributed ...

     A local car-rental   company has 40 cars to rent. The marketing manager believes that the number   of cars rented daily is a binomially distributed random variable with a   population parameter (∏) of 40% (each car has a 40% chance of being rented   each day). The following table shows the number of cars rented from fifty   randomly selected days:    THE DATA IS AS FOLLOWS (NUMBER OF   CARS/DAYS OCCURRED)   LESS THAN 13 CARS/0   14/2   15/2   16/4   17/3   18/5   19/6   20/5   21/6   22/4   23/3   24/2   25/4   26/1   27/1   OVER 27 CARS/2   From the listed data, test the hypothesis   that the daily rental of cars is binomially distributed random variable with   the population parameter of 0.40. Use a 10% significance level. You may use   excel to find the probabilities for all your events.