Question 8: The auditor at Multitek wants to test 'the hypothesis that the average value of inventory (computers and computer accessories) is $2000. A random sample of 100 items from the inventory list yields a value of $212,400. The observed difference between the value contained in the inventory list and the value determined by the auditor for the items in the sample results in a standard deviation of $900. The hypothesis test would be done at the 1% significance level.

What is the value of the reduced deviation Z for this test? a) 1,55 b) 1,28 c) 1.378 d) 2.48 e) 2,067 f) 1.771