This topic contains a solution. Click here to go to the answer

Author Question: A CPA knows from past history that the average accounts receivable for a company is 521.72 with a ... (Read 54 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

moormoney

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

0.9596

Answer to Question 2

B




Jipu 123

  • Member
  • Posts: 569
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

For a complete list of videos, visit our video library