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Calculating the value of the test statistic

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Problem: A publisher reports that 62% of their readers own a particular make of car. A marketing executive wants to test the claim that the percentage is actually different from the reported percentage. A random sample of 140 found that 54% of the readers owned a particular make of car. Find the value of the test statistic. Round your answer to two decimal places.

Reference no: EM132463823

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