The accounts of a company show that on average
Question # 00419527
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Updated on: 11/06/2016 01:48 AM Due on: 11/06/2016
The accounts of a company show that on average, accounts receivable are $91.47. An auditor checks a random sample of 81 of these accounts, finding a sample mean of $86.88 and a standard deviation of $40.56. Based on these findings, can you conclude the mean accounts receivable is different from $91.47 at a=0.1?
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Solution: The accounts of a company show that on average