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Author Question: A CPA knows from past history that the average accounts receivable for a company is 521.72 with a ... (Read 104 times)

Jipu 123

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on: Jun 24, 2018
A CPA knows from past history that the average accounts receivable for a company is 521.72 with a standard deviation of 584.64 . If the auditor takes a simple random sample of 100 accounts, what is the probability that the mean of the sample is within 120 of the population mean?

Question 2

In regression analysis, the coefficient of determination R2 measures the amount of variation in y that is:
 a. caused by the variation in x.
  b. explained by the variation in x.
  c. unexplained by the variation in x.
  d. None of these choices.


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moormoney

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Reply #1 on: Jun 24, 2018
Answer to Question 1

0.9596

Answer to Question 2

B


Jipu 123

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

ghepp

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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