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Use the following data to answer Questions 53 through 57.
  Austin Roberts believes that the mean price of houses in the area is greater than $145,000. A random sample of 36 houses in the area has a mean price of $149,750. The population standard deviation is $24,000, and Roberts wants to conduct a hypothesis test at a 1% level of significance.

1.The value of the calculated test statistic is closest to:
  • A.0.67.
  • B.1.19.
  • C.4.00.

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