THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
An auditor,examining a total of 800 accounts receivable by a corporation,selected a random sample of 60 accounts.The sample mean is $130.54 and the sample standard deviation is $42.56.
-Find a 95% confidence interval for the total amount of the 800 accounts receivable.
Correct Answer:
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= (800)(130.54)= 104432
N
= 800...
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