Many Franchisers Favor Owners Who Operate Multiple Stores by Providing

question 141

Multiple Choice

Many franchisers favor owners who operate multiple stores by providing them with preferential treatment. Suppose the Small Business Administration would like to perform a hypothesis test to investigate if 80% of franchisees own only one location using α = 0.05. A random sample of 120 franchisees found that 85 owned only one store. The p- value for this hypothesis test would be------ .

• A)0.0118
• B)0.0759
• C)0.1236
• D)0.0320

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Definitions:

Constructionist Perspective

A theoretical viewpoint holding that social phenomena and categories are not natural but instead constructed through social processes, including the roles of power and social institutions.

Constructionists

Advocates of an approach or belief that concepts or identities are socially constructed rather than inherently fixed.

Positions of Power

Roles or standings within a society, organization, or group that grant individuals authority and influence over others.

Higher-Consensus Deviance

Activities or behaviors that are widely recognized and agreed upon by society as deviant or unacceptable.