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A publisher reports that 61% of their readers own a particular make of car. A marketing...

A publisher reports that 61% 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 320 found that 55% of the readers owned a particular make of car. Determine the P-value of the test statistic. Round your answer to four decimal places.

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