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A firm has an information file on each of a large number of clients. Call the population proportion of files with errors pi .
A firm has an information file on each of a large number of clients. Call the population proportion of files with errors pi The CEO decides that if there is evidence that pi it will be worthwhile to review and fix every file. Choose the best answer for each of the following statements.
A If all firm files are reviewed and it is found that of the files have an error, a hypothesis test does not need to be performed for the CEO to have evidence.
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