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QUESTION
The LR Law Firm has 400 client accounts. An auditor plans to randomly sample 36 of these accounts to determined the proportion of accounts that are...
The L&R Law Firm has 400 client accounts. An auditor plans to randomly sample 36 of these accounts to determined the proportion of accounts that are in error. Suppose that 50 of the accounts are in error. What is the probability that the auditor will find that sample proportion of accounts in error will exceed 0.18?
