A real estate sales agency specializes in selling vacation property. Its records indicate that the mean selling time of vacation property is 95 days. However, it believes that because of the recent hurricanes, the mean selling time is now greater than 95 days. A survey of 100 properties sold recently revealed that the mean selling time was 99 days, with a standard deviation of 24 days.

At the 0.10 significance level, has there been an increase in selling time?

a. What is the decision rule? (Round the final answer to 3 decimal places.)_______

Reject H0: 95 and accept H1: > 95 when the test statistic is(greater than, less than, or equal to)

b. What is the value of the test statistic? (Round the final answer to 2 decimal places.)

Value of the test statistic =

c. What is your decision regarding H0?

(fail to reject or reject)H0 .