A Major Videocassette Rental Chain Is Considering Opening a New

Multiple Choice

A major videocassette 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 videocassette recorders (VCRs) . It conducts a telephone poll of 300 randomly selected households in the area and finds that 96 have VCRs. The rental chain's conclusion from the hypothesis test using a 3% level of significance is

A) not to open a new store.
B) 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.