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Internal auditors are often used to review an organization's financial statements such as balance sheets, income statements, and cash flow statements prior to public filings.

Internal auditors are often used to review an organization's financial statements such as balance sheets, income statements, and cash flow statements prior to public filings. Auditors seek to verify that the financial statements accurately represent the financial position of the organization and that the statements follow accepted accounting principles. Many errors that are discovered by auditors are minor errors that are easily corrected. However, some errors are serious and require substantial time to rectify. Suppose that the financial statements of 567 public companies are audited. The file internalaudit1 contains the number of errors discovered during the internal audit of each of these 567 public companies that were classified as "serious." Use the data in the file internalaudit1 to answer the following.

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