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An auditor remarks that the accounts receivable for a company seem to average about $2000, which doesnt seem right. A quick check of 20 random
An auditor remarks that the accounts receivable for a company seem to average about $2000, which doesnt seem right. A quick check of 20 random accounts gives a sample mean of $2250 with a sample standard deviation of $600. There are no outliers in the data. Where is the P-value?
Between .01 and .025
Between .05 and .10
Between .025 and .05
Below 0.01
Over .1
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