« previous next »

Author Question: The accounting firm of Nancy Ahmadi & Associates (NAA) was commissioned to audit a population of ... (Read 172 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
on: Jun 24, 2018
The accounting firm of Nancy Ahmadi & Associates (NAA) was commissioned to audit a population of 500 accounts. For this audit, NAA selected a simple random sample of 64 accounts. The sample showed an average discrepancy of 120 with a standard deviation of 24.
 a. Estimate the population total discrepancy.
  b. Develop an approximate 95 confidence interval for the population total discrepancy.

Question 2

Which of the following types of data has no measure of variability?
 a. Interval data.
  b. Nominal data.
  c. Bimodal data.
  d. None of these choices.


kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 24, 2018
Answer to Question 1

a. 60,000
b. 57,200 to 62,800

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Natural selection of a population for dark coloration. Natural selection of a population for dark coloration.
Continuous variation in a natural population Continuous variation in a natural population
Population of Major Civilizations of Europe, Asia, and Africa, AD 1500 Population of Major Civilizations of Europe, Asia, and Africa, AD 1500
John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d
Intermediate Accounting (Gordon/Raedy/Sannella) Intermediate Accounting (Gordon/Raedy/Sannella)
Time vs. USA Population Exponential Time vs. USA Population Exponential
Video: Glycolysis Animation

For a complete list of videos, visit our video library