The Big Toy House is a local company that specializes inselling children outdoor

The Big Toy House is a local company that specializes inselling children outdoor playhouses. With many businesses there isa certain amount of difficulty in collecting money on past dueaccounts. This has become a concern of the owner. A recent trademagazine indicated that the national averages for accountreceivable were: 65% current 25% late and 10% not collectable. Arecent study of the companys records indicated that 60 percent ofthe account receivable is current. Thirty percent of the accountswere late and the remaining 10% of receivable were viewed as beingnot collectable. To determine if his store was in-line with thenational average the manager had a statistical analysis performed.The chi square test was selected for the analysis and the .05significant level was used. The test statistics was X = 6.725.What is the correct decision regarding this result?