An auditor is performing an attribute estimation sampling plan. The risk of assessing control risk too low
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An auditor is performing an attribute estimation sampling plan. The risk of assessing control risk too low is .05 and sample size is 80.
Assuming one deviation is detected, what is the auditor's estimate of the maximum population deviation rate?
a. .037.
b. .048.
c. .058.
d. Not determinable from the facts given.
Choose the best answer.
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