A Major Videocassette Rental Chain Is Considering Opening a New

question 39

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. State the test of interest to the rental chain.

• A) H₀ : ? ? 0.32 versus H₁ : ? > 0.32
• B) H₀ : ? ? 0.25 versus H₁ : ?> 0.25
• C) H₀ : µ ? 5,000 versus H₁ : µ > 5,000
• D) H₀ : ? ? 5,000 versus H₁ : ? > 5000

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Definitions:

Responsibility

The state or fact of having a duty to deal with something or of having control over someone.

Teach

The act or process of imparting knowledge, skills, or values to someone.

Psychoanalysis

A therapeutic technique and theory of personality developed by Sigmund Freud, focusing on unconscious motives and conflicts.

Humanistic Therapy

A therapeutic approach emphasizing an individual's innate potential for growth and self-actualization, focusing on the present and future instead of the past.