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According to the IRS, the Average Refund in the Last

Question 23

Multiple Choice

According to the IRS, the average refund in the last tax year was $2.974. Assuming that the standard deviation for these refunds was $812, the standard error of the mean for a random sample of 60 tax returns is ____________ .


A) $141.38
B) $104.83
C) $127.10
D) $72.55

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