Multiple Choice
A major DVD 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 own DVD players.It conducts a telephone poll of 300 randomly selected households in the area and finds that 96 have DVD players.
-The rental chain's conclusion from the hypothesis test using a 5% level of significance is
A) to delay opening a new store until additional evidence is collected.
B) not to open a new store.
C) to open a new store.
D) We cannot tell what the decision should be from the information given.
Correct Answer:

Verified
Correct Answer:
Verified
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