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Conduct a full hypothesis test to figure out

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A sample of 150 houses for sale in Seattle showed a mean asking price of $233,000, but the city stated that the mean asking price for all of them was $255,000. The standard deviation of all of the houses for sale was $11,000. Use the p-value technique to conduct a full hypothesis test to figure out if the mean asking price is significantly less than $255,000.  Let α = .10.

Reference no: EM132394224

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