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

question 179

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 brand.It conducts a telephone poll of 300 randomly selected households in the area and finds that 96 have a favorable view.The value of the test statistic in this problem is approximately equal to:

• A)2.80
• B)2.60
• C)1.94
• D)1.30

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Definitions:

Teenage Males

Young males typically within the age range of 13 to 19 years, navigating the period of adolescence.

Teenage Females

Young women typically aged between 13 and 19 years old.

Historical Trends

Patterns or shifts in behavior, events, or attitudes over a significant period in history.

Egalitarian Societies

Societies that prioritize equality for all its members across various dimensions, including economic, social, and political.