"Save the GST" is a popular advertising gimmick. If the GST is 5% of the price of the product, how much would you save off of the list price on the purchase of a T-shirt with a list price of $12.06 in a store during the "Save the GST" promotion? ..... You would save $ (Round to the nearest cent as needed.)

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A: It is an important part of statistics. It is widely used.

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