An accounting firm has been hired by a large computer company to determine whether the proportion of accounts receivables with errors in one division (Division 1)exceeds that of the second division (Division 2).The managers believe that such a difference may exist because of the lax standards employed by the first division.To conduct the test,the accounting firm has selected random samples of accounts from each division with the following results. Based on this information,and using a significance level equal to 0.05,the pooled estimator for the overall proportion is ρ = .1050.

Question

An accounting firm has been hired by a large computer company to determine whether the proportion of accounts receivables with errors in one division (Division 1)exceeds that of the second division (Division 2).The managers believe that such a difference may exist because of the lax standards employed by the first division.To conduct the test,the accounting firm has selected random samples of accounts from each division with the following results.  Based on this information,and using a significance level equal to 0.05,the pooled estimator for the overall proportion is ρ = .1050.

Quizplus · Accepted Answer

The question only states a fact about the pooled estimator for the overall proportion, which is given as ρ = 0.1050. There is no additional information provided that would allow for a determination of whether this estimator indicates a significant difference between the two divisions or not.

An Accounting Firm Has Been Hired by a Large Computer