Question: 5. Work through this hypothesis test using each step of hypothesis testing. You may want to borrow the promptsfrom the previousproblem A sampleof 77

5. Work through this hypothesis test using each step of hypothesis testing.

5. Work through this hypothesis test using each step of hypothesis testing. You may want to borrow the promptsfrom the previousproblem A sampleof 77 homes for salein ABC City showeda meanaskingprice of $310,000 but the city claimed that the meanaskingprice for the populationwas $313,100 The populationstandardleviationof all homesfor salewas $5,000 Usethep-value approachto conducta full hypothesis(all steps follow the guidancein the last problem) that can be usedto determinewhetherthe meanaskingprice is different from $313,100 Let a =. 0.01

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