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

question 107

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:

Brain Cells

The cells in the brain, including neurons and glial cells, that process and transmit information through electrical and chemical signals.

Biological Theories

A set of theories in psychology and sociology that attributes human behaviors and characteristics, including criminality, to biological factors such as genetics, neurotransmitter levels, and brain structure.

Central Nervous System

Consists of the brain and spinal cord, responsible for processing and transmitting information in the body.

Peripheral Nervous System

The portion of the nervous system that lies outside the brain and spinal cord, involving nerves and ganglia, responsible for relaying sensory information and controlling voluntary and involuntary functions.