An auditor randomly samples 32 accounts receivable without replacement from a firm's 600 accounts and checks to

Question:

An auditor randomly samples 32 without replacement from a firm's 600 accounts and checks to verify that all documents for the accounts comply with company procedures. Ten of the 32 accounts are found to have documents not in compliance. Find a point estimate of and a 95 percent confidence interval for the total number of accounts having documents that do not comply with company procedures.
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...