Some accounting firms give the client an option to pay a fee when the tax...
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Accounting
Some accounting firms give the client an option to pay a fee when the tax return is completed that guarantees tax advices and support from the accountant if the client were audited. A large accounting firm is trying to determine what fee to charge for next year's returns. In previous years, the actual mean cost to the firm for attending a client audit session was $ To determine if this cost has changed, the firm randomly samples client audit fees. The sample mean audit cost wThe confidence interval for the mean audit cost is
The confidence interval for the mean audit cost is
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