Suppose the auditor in question 36 decides to divide the accounts receivable into strata. He would like

Question:

Suppose the auditor in question 36 decides to divide the accounts receivable into strata. He would like a desired standard deviation of $10. Determine the total number of sample observations under

(a) proportional allocation and (b)

optimal allocation. image text in transcribed

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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Question Posted: Mar 03, 2024 07:01 AM

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Suppose the auditor in question 36 decides to divide the accounts receivable into strata. He would like

Question:

Stratum 1 2 234 3 Population size 250 325 225 200 Estimated standard deviation $85 $125 $50 $100

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Statistics For Business And Financial Economics

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