Can someone please help? Thank you. John and Susan are discussing the various audit sampling techniques available to auditing firms after their auditing class one day. John mentions to Susan that he heard the auditing professor discussing standard deviation and sample size as part of classical variables sampling and was confused as he always thought standard deviation had more to do with statistics than auditing. John asks Susan if she understood what the professor was referring to, and if there is any connection to classical variables sampling. What is Susan's best response to this question.
Can someone please help? Thank you. John and Susan are discussing the various audit sampling techniques available to auditing firms after their auditing class one day. John mentions to Susan that he heard the auditing professor discussing standard deviation and sample size as part of classical variables sampling and was confused as he always thought standard deviation had more to do with statistics than auditing. John asks Susan if she understood what the professor was referring to, and if there is any connection to classical variables sampling. What is Susan's best response to this question.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Can someone please help? Thank you.
John and Susan are discussing the various audit sampling techniques available to auditing firms after their auditing class one day. John mentions to Susan that he heard the auditing professor discussing standard deviation and
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