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16. You work for a large bank. Historically, 20% of homebuyers go to a mortgage broker to apply for a mortgage rather than dealing directly

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16. You work for a large bank. Historically, 20% of homebuyers go to a mortgage broker to apply for a mortgage rather than dealing directly with a bank. You believe that because people are becoming more financially sophisticated, the percentage of homebuyers who use a mortgage broker has increased. You take a random sample of 400 recent homebuyers and found that 100 of them used a mortgage broker. Test at the 3% level of significance if their sufficient evidence to confirm your belief

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