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4. [-/6 Points] DETAILS DEVORESTAT9 6.1.005. MY NOTES ASK YOUR TEACHER As an example of a s uation in which several different statistics could reasonably
4. [-/6 Points] DETAILS DEVORESTAT9 6.1.005. MY NOTES ASK YOUR TEACHER As an example of a s uation in which several different statistics could reasonably be used to ca he gives the following results (In dollars). Invoice 1 2 3 4 5 Book value 313 693 536 209 149 Audited value 313 533 536 209 175 Error D 160 D -76 Y - sample moan book value X - sample mean audited value D - sample mean error ropose a statistic for estimating the total audited (Le., correct) value Involving just I and X. OX+N OX/N O NX ON -X Propose a statistic for e sting the total audited (Le., correct) value Involving 7, N, and D. OT + NO OT . NID OT - ND O ING Propose a statistic for ating the total aucited (Le., correct) value Involving 7 and X/ V. OT . XIY OT + X /V Or - X/V O1 - T . X / Y If N - 5000 and T - 1,761,300, calculate * whale number.) ased on just N and x sed on T, N, and D used on T and X / Y
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