Probability that auditor will find sample proportion

Reference no: EM13120489

The l&r law firm has 800 client accounts. an auditor plans to randomly sample 100 of these accounts to determine the proportion of accounts that are in error. suppose that 80 of the accounts are in error. what is the probability that the auditor will find that the sample proportion (P) of the accounts in error will exceedd 0.10?

Reference no: EM13120489

Questions Cloud

How many moles of co2 must be added to the system : The system CO2(g) + H2(g) *) H2O(g) + CO(g) is at equilibrium at some temperature. At equilibrium a 4.00 L vessel contains 1.00 mole CO2, 1.00 mole H2, 2.40 moles H2O, and 2.40 moles CO.

Proquest, ebsco, and the lexisnexis : write an essay using any the three article databases from Proquest, Ebsco, and the LexisNexis. Research an area about "Situation on Korean peninsula"). Essay does not include the writer's feelings or opinions, but simply informs the reader about arti..

Deciding with discrete distribution to use : Discrete Distributions : Bernoulli, Binomial, Discrete Uniform, Geometric Negative Binomial or Poisson, My main problem is deciding with discrete distribution to use: BERNOULLI, BINOMIAL, DISCRETE UNIFORM, GEOMETRIC NEGATIVE BINOMIAL, OR POISSON.

Cost-revenue and profit functions : Suppose a small bicycle manufacturer makes cheap bikes that sell for 180$ each. The total cost of producing x bikes (in $) is given by c(x)=6000+240x-0.8x^2, where x is up to 200 bikes.

Probability that auditor will find sample proportion : suppose that 80 of the accounts are in error. What is the probability that the auditor will find that the sample proportion (P) of the accounts in error will exceedd 0.10?

Weighted-average method : What is the distinction between equivalent units under the FIFO method and the equivalent units under the weighted-average method?

Computing independent and dependent samples : Explain the difference between independent samples and dependent samples. Classify the following as independent or dependent samples:

What is the maximum amt of (ba2+) that can be maintained : what is the maximum amt of (Ba2+) that can be maintained in 1.9 L of a .030 M solution of Na2SO4.

What is the partial pressure of o2 : A mixture of CO, CO2 and O2 is contained within a 275 mL ?ask at 0?C. If the total pressure is 780 torr, the CO has a partial pressure of 330 torr and the CO2 has a partial pressure of 330 torr.

User Account

All Pages