Tolerable misstatement as a percentage of population value

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Reference no: EM13775680

For the following problem, use the information below:

ARIA 5%, Population recorded value $7,000,000, Tolerable Misstatement $100,000, Estimated Population Misstatement $10,000

Provide the following information:

A) Tolerable misstatement as a percentage of population value

B) Ratio of estimated population misstatement to tolerable misstatement

C) Confidence Factor

Reference no: EM13775680

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