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Following given acceptable risk of incorrect acceptance(beta risk) = 10% Expected population deviation rate=1% Tolerable deviation rate =2% Based on the work completed, discovered three
Following given
acceptable risk of incorrect acceptance(beta risk) = 10%
Expected population deviation rate=1%
Tolerable deviation rate =2%
Based on the work completed, discovered three shipping orders were not attached to sales invoices.
Required
Prepared in good form a working paper to determine the upper error and lower error bounds and conclude wheteher the population is correct or not.
Each step should clearly specify how it relates to the facts in question above.
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