« previous next »

Author Question: The accounting firm of Nancy Ahmadi & Associates (NAA) was commissioned to audit a population of ... (Read 161 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?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Rural versus Urban Population, 1820–1860 Rural versus Urban Population, 1820–1860
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Population of California poppy plants Population of California poppy plants
The population of a city has continued to grow since 1950. The population of a city has continued to grow since 1950.
Human Population Growth Human Population Growth
Video: Glycolysis - and oxygen

For a complete list of videos, visit our video library