Auditing For an internal audit of the 35 accounts payable of a small firm, the auditor
Chapter 8, Problem 45(choose chapter or problem)
Auditing For an internal audit of the 35 accounts payable of a small firm, the auditor randomly selects a sample of 5 account balances for review. Suppose 3 of the 35 accounts contain errors. (a) What is the probability the auditor will not select any accounts with errors? (b) What is the probability the auditor will select exactly one account with errors? (c) What is the probability the auditor will select at least two accounts with errors?
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