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Exhibit 8-5
A random sample of 64 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 240.
-Refer to Exhibit 8-5. The 95% confidence interval for the SAT scores is
Minority Business Angels
Individual investors from minority groups who provide capital for small startups or entrepreneurs, often in exchange for ownership equity.
Investor Population
The demographic and psychographic composition of individuals or entities that invest in various types of assets.
United States
A country in North America, consisting of 50 states and a federal district, known for its economic and military power.
Entrepreneur Angels
Wealthy individuals who provide capital for startups, usually in exchange for ownership equity or convertible debt.
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