The standard deviation for a population is 60. A sample size of 120 is examined in the context of a statistical assessment. The mean for the sample is 1,350. The preferred level of statistical significance is 5%. The population has a mean of 1,500. The statistical argument made by the assessors is that the sample and the population are the same. Is this assertion accurate? Why, or why not? Use the correct steps in testing a hypothesis.
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