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In a survey, 24 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean

In a survey, 24 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $40 and standard deviation of $3. Find the margin of error at a 98% confidence level.

Give your answer to two decimal places.

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