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A major videocassette rental 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 are equipped with videocassette recorders (VCRs). It conducts a telephone poll of 300 randomly selected households in the area and finds that 96 have VCRs. The p-value associated with the test statistic in this problem is approximately equal to:_________.

A) open new store
B) wait for more evidence to be collected
C) do not open new store
D) we cannot tell what decision from information given

User Janosh
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4 votes
For me, mybe the answer is B im not sure sorry
User Arihant
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