Question: In the study in Exercise 27, a random sample of 273 firms that had received qualified opin- ions was taken. The accompanying table shows the

In the study in Exercise 27, a random sample of 273 firms that had received qualified opin- ions was taken. The accompanying table shows the numbers of qualified opinions received by these firms in the following year for firms that did and did not switch auditors. What can be learned from these data? Switched. Did not switch OPINION RECEIVED NEXT YEAR QUALIFIED 103 100 UNQUALIFIED 29 41

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