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Use the one-proportion z-test to perform the specified hypothesis test. Use the critical-value approach.
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Cent
A monetary unit in various countries, representing one-hundredth of the basic unit of currency.
Percent Rate
The percentage that indicates the rate of change or the rate applied to a specific financial calculation.
Base
(1) The quantity that is multiplied by itself in a power. (2) The initial amount to which a percent change is applied.
Accurate
Free from errors or mistakes; precise.
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