A banking consultant is investigating if the proportion of

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A banking consultant is investigating if the proportion of households with saving above $20,000 has increased from last year's value of 0.2. In a random sample of 200 households, 50 had savings of more than $20,000. What is the p-value for the test of appropriate hypothesis? Give your answer to 4 decimal places.

Reference no: EM13644481

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