An auditor knows from past history that the average accounts receivable for a company is $521.72, with a standard deviation of $584.64. If the auditor takes a simple random sample of 100 accounts, what is the probability that the mean of the sample will be within $120 of the population mean?

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The Answer of An auditor knows from past history that the average accounts receivable for a company is $521.72, with a standard deviation of $584.64. If the auditor takes a simple random sample of 100 accounts, what is the probability that the mean of the sample will be within $120 of the population mean?

An Auditor Knows from Past History That the Average Accounts