The auditors have sampled 25 accounts from a population of 250 accounts receivable. The sample Items have
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Question:
The auditors have sampled 25 accounts from a population of 250 accounts receivable. The sample Items have a mean book value of $242 and a mean audited value of $247. The book value in the population is $239,000. What is the estimated audited value of the population using the mean-per-unit method?
Multiple Choice
- $99.000.
- $100.500.
- $100,000.
- $101,500.
Related Book For
Elementary Statistics
ISBN: 978-0538733502
11th edition
Authors: Robert R. Johnson, Patricia J. Kuby
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