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An economist is testing the claim that the proportion of people in the population who rent an apartment is 0.30. Based on a random sample
An economist is testing the claim that the proportion of people in the population who rent an apartment is 0.30. Based on a random sample of 400 people, he finds that the sample proportion is 0.60. What is the z test statistic assuming the standard deviation in the population is 0.25, approximately?Round your answer to two decimal places.
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