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.

---

Definitions:

Southern Republicans

Refers to members of the Republican Party in the Southern United States, especially significant during the Reconstruction era after the Civil War.

Reconstruction

The period after the Civil War in the United States, from 1865 to 1877, focused on the federal government's efforts to restore and rebuild the Southern states that had seceded and integrate African American slaves into society as free men and women.

Economic Essence

The core or fundamental aspect of an economy, typically referring to its main drivers such as industry, services, or technologies that determine economic health.

Political Agenda

A set of priorities or objectives set by politicians or political parties, often outlining proposed policies and goals.