A researcher selected a sample of 56 former student leaders from a list of graduates of a large university. She discovered that it had taken an average of 4.97 years for these graduates to finish their degrees, with a standard deviation of 1.23. The average for the entire student body is 4.56 years. Is the difference statistically significant? Follow the five-step model and state all important decisions. Make sure that you interpret the results in terms of the original research question.
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