Tractor Dealership
An accountant was performing an audit for a tractor dealership.An auditor wants to examine the monetary error made by the purchasing order department in the month of July.He decided to randomly sample 100 of the 925 purchase orders for the month of July,and found the amount of error in each one.The statistics for this sample were: = $6.0 and s = $17.012.
-{Tractor Dealership Narrative} Estimate with 95% confidence the average amount of error per purchase order for the entire month of July.
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