An Auditor Was Hired to Verify the Accuracy of a Company's

question 94

Multiple Choice

An auditor was hired to verify the accuracy of a company's new billing system.Thirty-five (35) invoices produced since the system was installed were sampled.The average error on the invoices was $1.00.Historically,the population standard deviation is around $124.00.A 97% confidence interval for the mean error per invoice would be _____.

• A)[-268.08,270.08]
• B)[-6.69,8.69]
• C)[-44.48,46.48]
• D)[-38.40,40.40]
• E)[-9.17,11.66]

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Definitions:

Outgroups

Groups to which an individual does not belong or identify with, often perceived as different or oppositional to one's ingroup.

Negative Stereotypes

Oversimplified and unfavorable beliefs about a group of people that do not account for individual differences and complexities.

Stereotypes

Oversimplified and generalized beliefs about a group of people or type of individual.

Group Membership

The affiliation or association with a specific group of people who share common interests or characteristics.