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The Internal Auditing Staff of a Local Manufacturing Company Performs

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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 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 ?


Definitions:

Metabolic Acidosis

A condition where the body produces excessive acid or the kidneys are not removing enough acid from the body, leading to a decrease in blood pH.

Metabolic Alkalosis

A condition characterized by an increase in the alkalinity (pH) of the body's fluids, often due to an excessive loss of acidic substances.

Respiratory Alkalosis

A condition resulting from a decrease in the partial pressure of carbon dioxide due to hyperventilation, leading to a pH imbalance.

Hyperventilation

Rapid or deep breathing that exceeds the body's need for oxygen, often resulting in dizziness.

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