Which statement is true? Attribute sampling is useful for determining internal control deviations Attribute sampling is useful for determining the accuracy of accounts receivable An 8% tolerable rate is generally considered an acceptable rate. If the sampling plan is applied correctly there is no sampling risk Which is true about confidence level? If the sampling risk is12% then the confidence level must be less greater than 90% Sampling risk is normally higher than the confidence level Sampling risk applies to only to variables sampling The confidence level and sampling risk must equal 100%
Which statement is true? Attribute sampling is useful for determining internal control deviations Attribute sampling is useful for determining the accuracy of accounts receivable An 8% tolerable rate is generally considered an acceptable rate. If the sampling plan is applied correctly there is no sampling risk Which is true about confidence level? If the sampling risk is12% then the confidence level must be less greater than 90% Sampling risk is normally higher than the confidence level Sampling risk applies to only to variables sampling The confidence level and sampling risk must equal 100%
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Which statement is true?
Attribute sampling is useful for determining internal control deviations
Attribute sampling is useful for determining the accuracy of accounts receivable
An 8% tolerable rate is generally considered an acceptable rate.
If the sampling plan is applied correctly there is no sampling risk
Which is true about confidence level?
If the sampling risk is12% then the confidence level must be less greater than 90%
Sampling risk is normally higher than the confidence level
Sampling risk applies to only to variables sampling
The confidence level and sampling risk must equal 100%
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