Question: A sample size of 150 items is selected in a test of purchase transactions to determine whether the receiving report is attached to the related
A sample size of 150 items is selected in a test of purchase transactions to determine whether the receiving report is attached to the related vendors’ invoices. The population size is 5,000 items and the recorded purchases for the year are \($1,800,000.\) Three of the vendors’ statements did not have a receiving report attached. Calculate the statistical results for attributes (physical unit) and simple attributes (dollar unit) at a 90% confidence level.
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