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The average U.S. household has $235,600 in life insurance. A local insurance agent would like to see how households in his city compared to the

The average U.S. household has $235,600 in life insurance. A

local insurance agent would like to see how households in his

city compared to the national average, and selects a simple

random sample of 30 households from the city. For households

in the sample, the average amount of life insurance is =

$245,800 with s = $25,500. Using a nondirectional hypothesis

test and a level of significance of 90%, what conclusion would

be reached?

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