An accounting firm checks that accuracy of a companys records,which co...

An accounting firm checks that accuracy of a companyâ€™s records, which contains 13 inaccurate accounts out...

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An accounting firm checks that accuracy of a companyâ€™s records,which contains 13 inaccurate accounts out of a total of 50 becauseof time constraints the accounting firm can only audit eight of the50 accounts. The company supplied the accounting firm with eightrandomly selected accounts. However, none of the eight accountscontains inaccuracies. In light of this, an investigation asks, â€˜isit true that the company randomly selected the eight accounts to beaudited, or did the company purposefully supply only accurateaccounts on each step of the process? State the outcome of theinvestigation under the significant level of Î±=0.10

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Let x be the accurate accounts and N is total accounts and n israndomly selected accountsWe are given N 50 n 8The company claimed that sample was randomly selected So null and alternative hypothesis are H0 The See Answer

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