Assignment:
Of the students at a large university, 30% are freshmen, 25% are sophomores, 25% are juniors, and 20% are seniors. The representation of the four classes in the 100- member marching band is found to be 24%, 28%, 19%, and 29%. At the 0.05 level of significance, does the composition of the marching band differ significantly from the class distribution of the university? Using the chi-square table in Appendix, what is the most accurate statement that can be made about the exact p-value for the test?
Provide complete and step by step solution for the question and show calculations and use formulas.