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A Random Sample of 20 Companies Who Announced Corrections to Their

question 15

Multiple Choice

A random sample of 20 companies who announced corrections to their balance sheets took a mean time of 8.9 days for the time between balance sheet construction and the complete audit. The standard deviation of these times was 1.3 days. Assume that these times are normally distributed.
-What is the rejection point for ? = .001 to test the hypotheses.


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