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A company president wants all of his employees to be satisfied with his leadership. His staff conducted a survey of 150 employees asking them to rate their satisfaction on a scale from 1 to 10 with 1 as very dissatisfied and 10 very satisfied. The mean response was 8. Given the table below that shows the common z-scores. What is the margin of error for a 98% confidence interval on the level of employee satisfaction with the president's leadership? Enter your answer, rounded to two decimal places, and in your own words, indicate how you arrived at the answer giving proper steps or justification.
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