Proportion of a bank commercial loan files, Basic Statistics

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Proportion of a bank commercial loan files

An auditor wants to estimate what proportion of a bank's commercial loan files are incomplete. The auditor randomly samples 60 files and finds 12 are incomplete. Using a 95% confidence interval, estimate the true proportion of incomplete files for ALL the bank's commercial loans. Write a statement about the confidence level and the interval you find.

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Basic Statistics: Proportion of a bank commercial loan files

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Basic Statistics: Proportion of a bank commercial loan files

Reference No:- TGS0856778

Have a Question? (oR Write a Review)

Recent Questions Asked Basic Statistics

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Request for Solution File

Ask an Expert for Answer!!

Basic Statistics: Proportion of a bank commercial loan files

Reference No:- TGS0856778

Recent Questions Asked Basic Statistics

Q : Determine values so that limit is equal to given value

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