Many franchisers favor owners who operate multiple stores by ...

[Kthamas]

Many franchisers favor owners who operate multiple stores by providing them with preferential treatment.
 
  Suppose the Small Business Administration would like to perform a hypothesis test to investigate if 80 of franchisees own only one location using  = 0.05. A random sample of 120 franchisees found that 85 owned only one store. The critical value for this hypothesis test would be ________.A) 1.28
  B) 1.645
  C) 1.96
  D) 2.33

Question 2

An assumption of a regression analysis is that the residuals exhibit no patterns across values for the dependent variable.
 
  Indicate whether the statement is true or false

[juiceman1987]

Answer to Question 1

C

Answer to Question 2

FALSE