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In a survey of 1 5 0 publicly - traded companies, the average price - earnings ratio was 1 8 . 6 with a standard

In a survey of 150 publicly-traded companies, the average price-earnings ratio was 18.6 with a standard deviation of 8.9. When testing the hypothesis (at the 5% level of significance) that the average energy use has decreased from the past value of 16.5, what is the critical value? (please round your answer to 2 decimal places)

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