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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
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 than5,000 of the20,000 households in the area have a favorable view of its chain. It conducts a telephone poll of 300 randomly selected households in the area and finds that 96 have a favorable view. What is the value of the test statistic in thisproblem, rounded to two decimalplaces?
A.2.60 B.1.94 C.1.30 D.2.80
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