Initiwl public offerings $($ipos$)$ of stocks are on average underpriced the standard deviation measures the dispersion, or variation, in the underpricing$-$overpricing indicator. A sample of $12$ canadian IPOs that wrre subsequently traded on the Toronto Stock Exchange had a standard deviation of $14\mathrm{.}81.$ DEVELOP A $95\%$ confidence interval estimate of the population standard deviation for the underprocing$-$overpricing indactor $($to $2$ decimals $)$