Calculate the corresponding confidence interval and describe the relationship between the hypothesis test and the confidence interval for each problem. An auditor claims that 10% of invoices for a company are inaccurate. To test this claim, a random sample of 200 invoices is checked and 24 are found to be inaccurate. Test at 1% significance level whether the auditor's claim can be supported by the sample evidence

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Author:Amos Gilat
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Calculate the corresponding confidence interval
and describe the relationship between the hypothesis test and the confidence
interval for each problem.

An auditor claims that 10% of invoices for a company are
inaccurate. To test this claim, a random sample of 200 invoices is
checked and 24 are found to be inaccurate. Test at 1% significance
level whether the auditor's claim can be supported by the sample
evidence

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