Step 1 :Substitute the given values into the formula: \(z = \frac{\hat{p} - p}{\sqrt{\frac{p q}{n}}}\)
Step 2 :Substitute \(n = 1320\), \(\hat{p} = 0.30\), and \(p = 0.5\) into the formula
Step 3 :Simplify the denominator: \(\sqrt{\frac{0.5 \cdot (1-0.5)}{1320}} = \sqrt{\frac{0.25}{1320}}\)
Step 4 :Calculate the square root of 5280: \(\sqrt{5280} = 72.7279\)
Step 5 :Multiply \(-0.20\) by \(72.7279\): \(-0.20 \cdot 72.7279 = -14.5456\)
Step 6 :Round to two decimal places: \(-14.5456 \approx -14.55\)
Step 7 :The correct answer is \(\boxed{-14.55}\)