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

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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. What is the test statistic for this hypothesis test?


t = -1.8634


t = 1.8634


t = -3.7268


t = 0.0390


t = 3.7268




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