Multiple Choice
A major Blu-ray rental chain is considering opening a new store in an area that currently does not have any such stores.The chain will open if there is evidence that more than 5,000 of the 20,000 households in the area are equipped with Blu-ray players.It conducts a telephone poll of 300 randomly selected households in the area and finds that 96 have Blu-ray players.State the test of hypothesis that is of interest to the rental chain.
A) H0 : π ≤ 0.32 versus H1 : π > 0.32
B) H0 : π ≤ 0.25 versus H1 : π > 0.25
C) H0 : π ≤ 5,000 versus H1 : π > 5,000
D) H0 : μ ≤ 5,000 versus H1 : μ > 5,000
Correct Answer:

Verified
Correct Answer:
Verified
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