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An experiment was conducted to determine the effectiveness of a method designed to remove oil wastes found in soil. Three contaminated soil samples were treated. After 95 days, the percentage of contamination removed from each soil sample was measured, with a mean of 49.3 percent and a standard deviation of 1.5 percent. Estimate the mean percentage of contamination removed at a 98 percent confidence level.
Indirect Method
A method of calculating cash flows from operating activities in the cash flow statement by adjusting net income for changes in balance sheet items.
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