An article claims that the average price of a new home in Illinois is $328,000. You feel
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Question:
An article claims that the average price of a new home in Illinois is $328,000. You feel in your town it is more and you run a hypothesis test. You sample 30 homes for sale in your town and find the average to be $328,575 with a standard deviation of $1342. What distribution will be used? Will it be right-tailed, left-tailed or two-tailed?
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