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Chi2 contengency independence test Q4. TeleCall uses 4 centers around the globe to process customer order forms. They audit a certain % of the customer order forms. Any error in order form renders it defective and has to be reworked before processing. The manager wants to check whether the defective % varies by centre. Please analyze the data at 5

  • Updated May 5, 2024
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Q3.Auditors at a small community bank randomly sample 100 withdrawal transactions made during the week at an ATM machine located near the bank’s main branch. Over the past 2 years, the average withdrawal amount has been $50 with a standard deviation of $40. Since audit investigations are typically expensive, the auditors decide to not initiate furt

  • Updated May 5, 2024
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In January 2005, a company that monitors Internet traffic (WebSideStory) reported that its sampling revealed that the Mozilla Firefox browser launched in 2004 had grabbed a 4.6% share of the market. I. If the sample were based on 2,000 users, could Microsoft conclude that Mozilla has a less than 5% share of the market? II. WebSideStory claims that

  • Updated May 5, 2024
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