THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 52

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
An auditor is faced with reviewing 1,294 invoices.From a random sample of 122 of these accounts,she found that the average amount was $639 with a standard deviation of $143.She also found that 37 out of the 122 in the sample were from out-of-state suppliers.
-Find a 95% confidence interval for the proportion of all invoices that are from out-of-state suppliers.

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Definitions:

Stimulants

A class of drugs that increase alertness, attention, and energy by raising the levels of key neurotransmitters.

Widely Used

Referring to something that is commonly or extensively utilized across various contexts or applications.

Amphetamine

Amphetamine is a potent central nervous system stimulant used to treat attention deficit hyperactivity disorder (ADHD) and narcolepsy.

Euphoria

A sensation or condition of profound joy and exhilaration.