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( This question will be sent to your Instructor for grading. Problem 9.03 For the sample selected in the prior question, suppose the items were tested and the following two errors were observed. With the AR Monetary Sample file created in Problem 2 open, find the "AUDIT_AMT" column next to the "INVOICE_TOTAL" column and input the AUDIT_AMT for the two invoices listed above (please ignore any error messages and accept the edits to the file). From the Sample group, select Monetary Unit and then click Evaluate and select Cell and Classical PPS to open the Monetary Unit Sampling - Cell and Classical PPS Evaluation window. Ensure Confidence level (\%) is set to 75 . See image below for details on inputs. Click OK to view the evaluation results. Use those results to answer the following questions. What is the Net most likely error for overstatements? Note: Round your answer to 2 decimal places. What is the Net upper error limit? Note: Round your answer to 2 decimal places. For a tolerable misstatement that is $30,000 what is your conclusion? Based on this sample, the most likely total overstatement in the population is 37.576 .16 . You can infer with a confidence level of 75.00% that the total overstatement in the population does not exceed 79.195 .14

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