A company has three divisions, and auditors are attempting to estimate the total amounts of the company 's accounts receivable Random samples of these accounts were taken for each of the three divisions, yielding the results shown in the following table a Using an unbiased estimation procedure, fin...

A company has three divisions, and auditors are attempting to estimate the total amounts of the company's

Question:

A company has three divisions, and auditors are attempting to estimate the total amounts of the company's Random samples of these accounts were taken for each of the three divisions, yielding the results shown in the following table:

a. Using an unbiased estimation procedure, find a point estimate of the total value of all accounts receivable for this company.
b. Find a 95% confidence interval for the total value of all accounts receivable for this company.

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...