TABLE 7-6 According to an Article, 19% of the Entire Population in Population

question 146

Essay

TABLE 7-6
According to an article, 19% of the entire population in a developing country have high-speed access to the Internet. Random samples of size 200 are selected from the country's population.
-Referring to Table 7-6, among all the random samples of size 200, ________ % will have less than 20% who have high-speed access to the Internet.

---

Definitions:

Petty Cash Fund

A small amount of cash kept on hand for minor or incidental expenses within a business.

Journal Entry

A record in accounting that represents a transaction and its effects on various accounts, typically involving at least one debit and one credit.

Cash Short and Over

An account that tracks discrepancies between the expected cash amounts and the actual cash counted, indicating shortages or overages.

Bank Account Reconciling

The process of comparing and matching figures from the accounting records against those presented on a bank statement to ensure they are in agreement and accurate.