subject
Mathematics, 21.11.2019 02:31 kyra737

According to benford’s law the probability that the first digit of the amount of a randomly chosen invoice is a 1 or a 2 is 0.477. you examine 90 invoices from a vendor and find that 29 have first digits 1 or 2. if benford’s law holds, the count of 1s and 2s will have the binomial distribution with n = 90 and p = 0.477. too few 1s and 2s suggests fraud. what is the approximate probability of 29 or fewer if the invoices follow benford’s law? do you suspect that the invoice amounts are not genuine?

(a) 0.9855

(b) 0.0145

(c) 0.9984

(d) 0.0016

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 19:30
Asquare picture with sides of 32 inches is to be mounted on a square mat with sides of 52 inches. find the area of the mat that will remain uncovered by the picture.
Answers: 1
question
Mathematics, 21.06.2019 19:30
Simplify (1/2)4th power a. (1/16) b.(1/8) c.(1/4)
Answers: 2
question
Mathematics, 22.06.2019 01:00
The actual length of side t is 0.045cm. use the scale drawing to find the actual side length of w
Answers: 1
question
Mathematics, 22.06.2019 04:00
Renee hiked for 6 3 /4 miles. after resting, renee hiked back along the same route for 5 1 /4 miles. how many more miles does renee need to hike to return to the place where she started? represent your answer as a simplified mixed number, if necessary.
Answers: 1
You know the right answer?
According to benford’s law the probability that the first digit of the amount of a randomly chosen i...
Questions
question
Mathematics, 23.03.2020 22:40
question
History, 23.03.2020 22:40
question
Mathematics, 23.03.2020 22:40
Questions on the website: 13722361