A Pizza Chain Is Considering Opening a New Store in an Area

question 119

Multiple Choice

A pizza 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 have a favorable view of its brain.It conducts a telephone poll of 300 randomly selected households in the area and finds that 96 have a favorable view.The pizza 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.

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Definitions:

Forgetting Curve

The graphic pattern representing the relationship between measures of learning and the length of the retention interval: As the retention interval gets longer, memory decreases.

Unrelated Verbal Material

relates to words or phrases that have no direct connection or relevance to each other, often used in memory or cognitive processing studies.

Encoding Specificity

The principle that memories incorporate unique combinations of information when encoded, making recall more effective when context at the time of retrieval matches the context of encoding.

Habituation

A psychological learning process wherein there is a decrease in response to a stimulus after being repeatedly exposed to it.