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The Internal Auditing Staff of a Local Manufacturing Company Performs

Question 25

Multiple Choice

The internal auditing staff of a local manufacturing company performs a sample audit each quarter to estimate the proportion of accounts that are delinquent more than 90 days overdue. The historical records of the company show that over the past 8 years, 14 percent of the accounts are delinquent. For this quarter, the auditing staff randomly selected 250 customer accounts.
-What is the probability that at least 30 accounts will be classified as delinquent?


A) 0.3186
B) 0.1814
C) 0.8186
D) 0.6372
E) 0.7584

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