In a Classical Variables Sampling Application,the Auditor Determines There Is

Multiple Choice

In a classical variables sampling application,the auditor determines there is a 95 percent probability that the true (but unknown) value of an entity's accounts receivable is between $45,000 and $55,000.If the estimated population value is $50,000,the precision is

A) $10,000
B) $5,000
C) 95 percent
D) 5 percent