Mathematics, 01.12.2021 07:40 S28073161

Historically, 48% of people have rented their residence. A random sample of 500 people is taken. 260 of them rent (as oppose to own) their residence. A researcher is studying the claim that the percentage of people renting has increased. Compute the value of the test statistic for this hypothesis test. Round your answer to 2 decimal places.

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