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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.

Sagot :

Answer:

1.79

Step-by-step explanation:

^p = x/n

    = 260/500

    = 0.52

z = p1-p2 / √^p(1-p)/n

  = 0.52 - 0.48 / √0.48x(1-0.48)/500

  = 1.79

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