Question: Assume total errors amounting to AUD 10,000 (absolute value!) in the Sales Revenue account of an organisation have been detected. Further assume that this amount
Assume total errors amounting to AUD 10,000 (absolute value!) in the Sales Revenue account of an organisation have been detected. Further assume that this amount is the result of 200 individual errors all either systematic errors or random errors. Would the average value of each individual error be likely higher, lower, or unaffected (i.e., equal) if all errors were systematic errors as compared to random errors? Explain.
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