The Internal Auditing Staff of a Local Manufacturing Company Performs

question 36

Multiple Choice

The internal auditing staff of a local manufacturing company performs a sample audit each quarter to estimate the proportion of accounts that are more than 90 days overdue (delinquent) . The historical records of the company show that over the past 8 years, the average has been that 14 percent of the accounts have been delinquent. For this quarter, the auditing staff randomly selected 250 customer accounts. What are the mean and the standard deviation of the sampling distribution of ?

• A) 14 and 250
• B) .14 and .1204
• C) 35 and 5.486
• D) .14 and .0219
• E) 35 and 30.1

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Definitions:

Emancipation

The act of freeing someone from slavery or bondage; famously refers to the Emancipation Proclamation by President Abraham Lincoln during the Civil War.

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refers to the advancements in firearm design, particularly long guns, that have significantly improved accuracy, range, and firepower over centuries.

Battlefields

Areas where battles are fought, often marking significant historical events.

Soldier Ideology

Refers to the set of beliefs, values, and principles that motivate soldiers and influence their behavior in military contexts.