An auditor remarks that the accounts receivable for a company seem to average about $2000. A quick check of 20 accounts gives a mean of $2250 with a standard deviation of $600. Where is the P-value?

An auditor remarks that the accounts receivable for a company seem to average about $2000. A quick check of 20 accounts gives a mean of $2250 with a standard deviation of $600. Where is the P-value?




(A) Below .01
(B) Between .01 and .025
(C) Between .025 and .05
(D) Between .05 and .10
(E) Over .10


Answer: D


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