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Unformatted text preview: Stratum Acct # Balance Amount Confirmed Explanation 2 2 3 2196 1347 3652 40,000 35,000 10,000 20,000 25,000 2,000 Duplicate shipment not ordered by customer Customer payment on 12/29, recd by client on 1/3 Sale recorded 12/29 for goods shipped 1/3 Compute the projected error using the format below, which is similar to page 139 of the notes. Note: The above are individual errors. Compute the error rate for each stratum by dividing the total error in each stratum by the total sample size for that stratum. Stratum Stratum Sample Size in Dollars Strata Errors Strata Error Rate Stratum Book Value Projected Error 1 2 3 1,600,000 1,000,000 200,000 Totals 2,800,000 6,000,000 Part C- Evaluate the acceptability of the population and possible courses of action. (Describe the action(s) you would take for these circumstances, and explain why. Do not just list the five possible courses of action.)...
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- Spring '11