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Exhibit 8-5 A random sample of 64 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of

Exhibit 8-5 A random sample of 64 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 240. Refer to Exhibit 8-5. The margin of error at 95% confidence is 1.998 240 1400 59.95

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