subject
Mathematics, 13.12.2019 03:31 mrsroberts210

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: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
Hello people, i have a math question that i need with, me, i will give the correct one brainiest, and for the other correct people, a and 5 stars.
Answers: 3
question
Mathematics, 22.06.2019 02:10
Given: m zade = 60° and m2cdf = (3x + 15) prove: x = 15
Answers: 3
question
Mathematics, 22.06.2019 04:40
Which of the following is a function? click on the graph until the correct graph appears.
Answers: 1
question
Mathematics, 22.06.2019 07:00
The value of 3^4 + 5 times 5 answer ! 50 points whoever answers correctly
Answers: 2
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
Biology, 15.05.2021 14:00
question
Mathematics, 15.05.2021 14:00
question
Mathematics, 15.05.2021 14:00
question
Mathematics, 15.05.2021 14:00
question
History, 15.05.2021 14:00
question
Mathematics, 15.05.2021 14:00
question
Mathematics, 15.05.2021 14:00
question
Social Studies, 15.05.2021 14:00