An auditor examined data flow diagrams in a small portion, Ask an Expert

Management Studies

An auditor examined data flow diagrams in a small portion of system development projects and determined that there were nearly 12% of them with errors. The Vice-President for Development wants a better estimate of the percentage so you are tasked to sample the diagrams produced for the past five years and report back. a) How large a sample would you have to examine to be 95% certain that your estimate would be within 3% of the actual percentage? Explain how you arrived at your answer. b) Given your answer to part a), how will you arrive at the estimate that you will report back to the vice-president?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92290286

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 describe your personal leadership philosophy and then

1. Describe your personal leadership philosophy and then examine how that leadership philosophy informs your use of the communications process, understanding of workplace dynamics, and management skills 2. Discuss the di ...

Gentle bens bar and restaurant uses 6600 quart bottles of

Gentle Ben's Bar and Restaurant uses 6,600 quart bottles of an imported wine each year. The effervescent wine costs $4 per bottle and is served only in whole bottles because it loses its bubbles quickly. Ben figures that ...

1 do you believe achieving absolute consensus is possible

1. Do you believe achieving absolute consensus is possible, or do most group processes result in ac hieving only modified consensus in which one or more members are not in complete agreement r egarding the decision ultim ...

Compensation tactics and practices please respond to the

"Compensation Tactics and Practices" Please respond to the following: Some industries appear to pay higher wages than others, even when measurable labor quality or the type of work they do seems similar. Use the Internet ...

What is work place diversity briefly speaking itrsquos a

What is work place diversity? Briefly speaking, it’s a company’s strategy that implies hiring employees of different ages, races, ethnicities, and genders. Is it just tolerance in an effective marketing strategy? Find th ...

1 why are risk management plans necessary 220ndash250

1. Why are risk management plans necessary? (220–250 words) 2. Describe an unsatisfactory encounter you experienced with a low-contact service provider (phone, email) and a high-contact service provider (face to face). W ...

Based on the case lululemon encouraging a healthier

Based on the case Lululemon: Encouraging a Healthier Lifestyle 1. How has Lululemon handled various ethical issues that it has faced over the last few years? 2. How has the ethical culture of Lululemon impacted its relat ...

Refer to the five competitive forces porters five forces

Refer to the five competitive forces (Porter's Five Forces) that determine industry profitability. Are some industries more profitable than others? If so, give an example of a profitable industry and a not-profitable ind ...

We have talked about evaluation for public health

We have talked about Evaluation for Public Health Informatics and its importance in implementing any health care system. These questions should take you into reality of practice. Your description should include the follo ...

1 describe a situation that caused you to increase your

1. Describe a situation that caused you to increase your perspective how did you it end up and what did you learn 2. How can a leader’s attributes complement his or her ability to effect positive change in an organizatio ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert