B-25 Determine the sample size for each of the control procedures shown in the following table (assuming a very large population): Control Procedure
B-25 Determine the sample size for each of the control procedures shown in the following table (assuming a very large population): Control Procedure
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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
Transcribed Image Text:8-25
Determine the sample size for each of the control procedures shown in the following table (assuming a very large population):
Parameters
Risk of incorrect acceptance
Tolerable deviation rate
Expected population deviation rate
Sample size
8-26
Results
Number of deviations
Sample size
Sample deviation rate
Computed upper deviation rate
Auditor's conclusion
1
1
0
5%
4%
1%
LO 8-6
Using the sample sizes determined in Problem 8-25 and the number of deviations shown here, determine the sample deviation
rate, the computed upper deviation rate, and the auditor's conclusion (i.e., testing results do or do not support operating
effectiveness of the control) for each control procedure.
Control Procedure
5%
5%
2%
2
2
5
3
10%
7%
Control Procedure
3%
4
3
4
3
4
10%
8%
4%
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