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A medical equipment rental chain is considering opening a new store in an area that currently does not have such stores. The chain will open
A medical equipment rental chain is considering opening a new store in
an area that currently does not have such stores. The chain will open if there
is evidence that more than 5,000 of the 20,000 households in the area are
equipped with home monitoring medical devices. It conducts a telephone
pollof 300 randomly selected households in the area and finds that
96havehomemonitoring medical devices. The p-value associated with
the test statistic inthis problem is approximately equal to:
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