Examine the proportion of accounts that are in error

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The L&R Law Firm has 400 client accounts. An auditor plans to randomly sample 64 of these accounts to determine the proportion of accounts that are in error. Suppose that 40 of the accounts are in error. What is the probablity that the auditor will find that the sample proportion (P) of accounts in error will exceed 0.20?

Reference no: EM13113680

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