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You're an accounting manager. A year-end audit showed 7% of transactions had errors. You implement new procedures. Two hundred of the most recent transactions
You're an accounting manager. A year-end audit showed 7% of transactions had errors. You implement new procedures. Two hundred of the most recent transactions were selected and 11 had errors. You want to know if the proportion of incorrect transactions decreased. Which assumption or condition if any does not check out? Randomization assumption Independence assumption They all check out . On p 10 and n q>10
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