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A real estate salesperson claims that 58.5% of all homeowners move to another house within five years of the time they purchase their first house.
A real estate salesperson claims that 58.5% of all homeowners move to another house within five years of the time they purchase their first house. In a random sample of 144 homeowners, 76 were found to have moved within five years after buying their first house. What is the Z-statistic that you would use to test the salesperson's claim? Round your answer to three decimal places.
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