Auditing: A Risk Based-Approach (MindTap Course List)
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN: 9781337619455
Author: Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher: Cengage Learning
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Chapter 8, Problem 25CYBK
To determine

Introduction:

Sampling is a very important technique in statistics for determination of some decision.In sampling, we select some items from a group of items to make out some decision for all the items.

whether the given statement is true or false

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The distance from the sample estimate that has a certain likelihood (equal to reliability) ofincluding the true population value is known as thea. Confidence.b. Mean.c. Precision.d. Precision interval.
3. Sample results may not be truly representative of a population due to * A. Sampling risks B. Sampling error C. Nonsampling error D. Standard deviation E. All of them
1. Which of the following would be designed to estimate a numerical measurement of a population, such as monetary value?* A. Sampling for variables B. Sampling for attributes C. Sequential sampling D. Discovery sampling E. None of them

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Auditing: A Risk Based-Approach (MindTap Course List)

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