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Author Question: From a population of 2,000 accounts receivable, a simple random sample of 120 accounts is selected. ... (Read 62 times)

burton19126

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on: Jun 24, 2018
From a population of 2,000 accounts receivable, a simple random sample of 120 accounts is selected. Thirty-six of the accounts in the sample were overdue.
 a. Estimate the standard error of the proportion of the overdue accounts.
  b. Develop an approximate 95 confidence interval for the proportion of overdue accounts in the population.

Question 2

The ___________________ _ is the square root of the ___________________ _.
 Fill in the blank(s) with correct word


bpool94

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

a. .041
b. .219 to .381

Answer to Question 2

standard deviation; variance


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