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Cherry, the auditor, would like to find out the mean debtor's age for all debtors of ABC Pty Ltd, the audit client. She takes a
Cherry, the auditor, would like to find out the mean debtor's age for all debtors of ABC Pty Ltd, the audit client. She takes a random sample of five debtors' ages from ABC's accounts receivable subsidiary ledger as following,
Debtors' list | Age |
Customer A | 28 |
Customer B | 31 |
Customer C | 55 |
Customer D | 14 |
Customer E | 34 |
ABC company has trading terms of 2/30, n/45. Calculate and enter the upper bound of the 90% confidence interval for the mean debtor's age for all debtors of ABC in the answer block below.
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