Answered step by step
Verified Expert Solution
Question
1 Approved Answer
AutoSave Off hw - Compatibility Mode - Saved to this PC- Search Haggard, Brendan (Student) HB File Home Insert Design Layout References Mailings Review View
AutoSave Off hw - Compatibility Mode - Saved to this PC- Search Haggard, Brendan (Student) HB File Home Insert Design Layout References Mailings Review View Help Share Comments X LA Times New Rom 12 A A A A E ALT AaBbCcDc AaBbCcDc AaBbc AaBbc AaBb C 1 No Spac... 1 Normal Heading 1 Heading 2 Title Find Replace Select Paste BI Uab X, X ADA Dictate Sensitivity Editor Clipboard F Font Paragraph Styles Editing Voice Sensitivity Editor 12) Using difference estimation, an auditor has taken a sample of 150 from a population's 50,000 items; that population has a book value of $250,000. She found that in her sample the average audited value was $4.50, while the average book value was $5.20. What is the estimated total audited value of the population? 13) Using ratio estimation, an auditor has taken a sample of 150 from a population's 50,000 items; that population has a book value of $250,000. She found that in her sample the average audited value was $4.50, while the average book value was $5.20. What is the estimated total audited value of the population? 14) Using mean-per-unit estimation, an auditor has taken a sample of 150 from a population's 50,000 items; that population has a book value of $250,000. She found that in her sample the average audited value was $4.50, while the average book value was $5.20. What is the estimated total audited value of the population? 2 Page 2 of 8 10 of 2165 words D Focus 20 90% e ic 11:14 AM 12/13/2020
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started