subject
Business, 17.02.2021 17:50 brown62

During a year end an audit, discrepancies were found in a company’s invoice ledger. Consequently, the controller had all invoices in the year checked to determine if they were correctly recorded in the ledger. The proportion of incorrectly recorded invoices was found to be 0.04. The controller instituted a new procedure for processing invoices. Subsequently a random sample of 500 invoices was checked to determine whether the proportion of incorrectly recorded had changed from 0.04. a) Perform a hypothesis test at 5% level if eleven of the sample invoices were recorded incorrectly.
b) What is implied by the test result?​

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:00
When earning simple interest on money you invest, which statement is true? a. as time goes on and your bank account grows, you earn more interest. b. as time goes on and your bank account grows, you earn less interest. c. as time goes on and your bank account grows, you earn the same amount of interest. d. as time goes on and your bank account grows, you stop earning interest.
Answers: 2
question
Business, 22.06.2019 00:00
Which of the following is a disadvantage to choosing a sole proprietorship business structure? question 9 options: the owner has personal responsibility for the company's liabilities. the owner has to share the profits with partners. the owner is still liable for personal debts. the owner has to report to shareholders.
Answers: 1
question
Business, 22.06.2019 22:00
Acontinental polar air mass foms where
Answers: 1
question
Business, 23.06.2019 00:40
Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. you presently have $69,000 to invest. what annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers: 2
You know the right answer?
During a year end an audit, discrepancies were found in a company’s invoice ledger. Consequently, th...
Questions
question
Geography, 12.02.2021 15:20
question
Mathematics, 12.02.2021 15:20
question
Mathematics, 12.02.2021 15:20
question
Mathematics, 12.02.2021 15:20
question
German, 12.02.2021 15:20
Questions on the website: 13722367