Business people are presumed to be so familiar with the ordinary methods and practices of their business that they naturally expect them to be part of their contracts. These ordinary and expected practices are called the

Why do many fraud cases go unreported and unprosecuted?

A) Major fraud is a public relations nightmare. B) Fraud is difficult, costly, and time-consuming to investigate and prosecute. C) Law enforcement and the courts are often so busy with violent crimes that little time is left for fraud cases. D) all of the above

Suppose a large labor union wishes to estimate the mean number of hours per month a union member is absent from work. The union decides to sample 352 of its members at random and monitor the working time of each of them for 1 month. At the end of the month, the total number of hours absent from work is recorded for each employee. Which of the following should be used to estimate the parameter of

interest for this problem? A) A small sample confidence interval for p. B) A large sample confidence interval for ?. C) A large sample confidence interval for p. D) A small sample confidence interval for ?.