=+to ask the firm for assistance during the audit. A large accounting firm is trying to determine

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=+to ask the firm for assistance during the audit. A large accounting firm is trying to determine what fee to charge for next year’s returns. In previous years, the actual mean cost to the firm for attending a client audit session was $650.

To determine if this cost has changed, the firm randomly samples 32 client audit fees. The sample mean audit cost was $680 with a standard deviation of $75.

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Business Statistics Plus Pearson Mylab Statistics With Pearson Etext

ISBN: 978-1292243726

3rd Edition

Authors: Norean R Sharpe ,Richard D De Veaux ,Paul Velleman

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