« previous next »

Author Question: The accounting firm of Nancy Ahmadi & Associates (NAA) was commissioned to audit a population of ... (Read 173 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?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

During their annual migration, the entire population of Arctic terns move from the Arctic Ocean in t During their annual migration, the entire population of Arctic terns move from the Arctic Ocean in t
Three Population Pyramids Three Population Pyramids
Greet a First-Time Client With a Firm Handshake. Greet a First-Time Client With a Firm Handshake.
Women status and the population growth rates Women status and the population growth rates
The population of algae is compared to the population of corals in a given sampling area The population of algae is compared to the population of corals in a given sampling area
The Solow Model Incorporating Population Growth The Solow Model Incorporating Population Growth
Video: Major Elements in Biological Molecules: Nucleic acids

For a complete list of videos, visit our video library