« previous next »

Author Question: The accounting firm of Nancy Ahmadi & Associates (NAA) was commissioned to audit a population of ... (Read 145 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?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

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
Continuous variation in a natural population Continuous variation in a natural population
Population and Settlement Population and Settlement
Population and Settlement Population and Settlement
World Population Growth World Population Growth
Women status and the population growth rates Women status and the population growth rates
Video: What are Taste Receptors? How Does it Work? Animation

For a complete list of videos, visit our video library