$ $ Although Americans have a large amount of home equity, real estate wealth is becoming increasingly concentrated as overall homeownership rates fall. In 2004, 69% of all Americans owned homes. In 2019, that number was down to 64.8%. A city manager believes that 70% of the population in their town own the house they reside in and a researcher was hired to survey the population. In a simple random sample of 213 occupied housing units, there were 157 that are owner-occupied. Use a 5% significance level to test the claim that the percentage of the population that own a house is the same as 70%. Procedure: Select an answer Assumptions: (select everything that applies) Population standard deviation is unknown ☐ Normal population O Simple random sample Population standard deviation is known The number of positive and negative responses are both greater than 10 Sample size is greater than 30