(Solved by Humans)-An auditor remarks that the accounts receivable for a company

Discipline:

Type of Paper:

Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

Question

An auditor remarks that the accounts receivable for a company seem to average about $2000, which doesn?t seem right. A quick check of 20 random accounts gives a sample mean of $2250 with a sample standard deviation of $600. There are no outliers in the data. Where is the P-value?

Between .01 and .025


Between .05 and .10


Between .025 and .05


Below 0.01


Over .1





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