Toll Brothers is a luxury home builder that would like to test the hypothesis that the average size of new homes exceeds 2,400 square feet. A random sample of 36 newly constructed homes had an average of 2,510 square feet with a sample standard deviation of 480 square feet. Conduct a test of hypothesis at a 1% level of significance to see if indeed the average size of new homes exceeds 2,400 square feet.