Refer to Exercise 8.32. From the data given on the compliance checks, estimate the

Chapter 8, Problem 8.33

(choose chapter or problem)

Refer to Exercise 8.32. From the data given on the compliance checks, estimate the proportion of the firms accounts that fail to comply with stated procedures. Place a bound on the error of estimation. Do you think that the proportion of accounts that comply with stated procedures exceeds 80%? Why?

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