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.The rental chain's conclusion from the hypothesis test using a 5% level of significance is
A) to open a new store.
B) not to open a new store.
C) to delay opening a new store until additional evidence is collected.
D) We cannot tell what the decision should be from the information given.
Correct Answer:

Verified
Correct Answer:
Verified
Q30: For a given level of significance (α),
Q73: TABLE 9-2<br>A student claims that he can
Q103: How many tissues should the Kimberly Clark
Q104: How many tissues should the Kimberly Clark
Q109: TABLE 9-6<br>The quality control engineer for a
Q111: The symbol for the probability of committing
Q113: TABLE 9-1<br>Microsoft Excel was used on a
Q115: TABLE 9-9<br>The president of a university claimed
Q133: Which of the following would be an
Q155: TABLE 9-7<br>A major home improvement store conducted