Some accounting firms give the client an option to pay a fee when the tax return is
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Some accounting firms give the client an option to pay a fee when the tax return is completed that guarantees tax advices and support from the accountant if the client were audited. A large accounting firm is trying to determine what fee to charge for next year's returns. In previous years, the actual mean cost to the firm for attending a client audit session was $ To determine if this cost has changed, the firm randomly samples client audit fees. The sample mean audit cost was $ with a standard deviation of $a Develop a confidence interval estimate for the mean audit cost.
Related Book For
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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