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 α = 0.05. A random sample of 120 franchisees found that 85 owned only one store. Which one of the following statements is true?Because the p-value is greater than α, we fail to reject the null hypothesis and conclude that the proportion of franchisees that own only one store equals 0.80.Because the p-value is greater than α, we fail to reject the null hypothesis and cannot conclude that the proportion of franchisees that own only one store does not equal 0.80.Because the p-value is less than α, we reject the null hypothesis and conclude that the proportion of franchisees that own only one store does not equal 0.80.Because the p-value is less than α, we fail to reject the null hypothesis and cannot conclude that the proportion of franchisees that own only one store does not equal 0.80.