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The average and standard deviation of the amount of Goods and Services Tax remitted by all performance artists in a twelve-month period were $6.04 thous
The average and standard deviation of the amount of Goods and Services Tax remitted by all performance artists in a twelve-month period were $6.04 thous and $2.33 thousrespectively. If a sample of104 artists was taken, find the sample average value (in thous dollars) below which only 1% of taxes would lie.(2 decimal places)
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