AUDITING RMU
11th Edition
ISBN: 9781260934830
Author: MESSIER
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 8, Problem 8.7RQ
To determine
Introduction : Sample sizes are important to provide ample evidence with regard to the objectives and the efficiency of the sample. Certain factors are to be carefully weighed out to understand and develop smaller sample sizes which possibly will give out similar objectives to that of a larger sample.
Factors entering a
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What factors affect sample size?
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OA. Qualitative, because they are measured on a naturally occuring numerical scale.
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***
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Chapter 8 Solutions
AUDITING RMU
Ch. 8 - Prob. 8.1RQCh. 8 - Prob. 8.2RQCh. 8 - Prob. 8.3RQCh. 8 - Prob. 8.4RQCh. 8 - Prob. 8.5RQCh. 8 - Prob. 8.6RQCh. 8 - Prob. 8.7RQCh. 8 - Prob. 8.8RQCh. 8 - Prob. 8.9RQCh. 8 - Prob. 8.10RQ
Ch. 8 - Prob. 8.11MCQCh. 8 - Prob. 8.12MCQCh. 8 - Prob. 8.13MCQCh. 8 - Prob. 8.14MCQCh. 8 - Prob. 8.15MCQCh. 8 - Prob. 8.16MCQCh. 8 - Prob. 8.17MCQCh. 8 - Prob. 8.18MCQCh. 8 - Prob. 8.19MCQCh. 8 - Prob. 8.20MCQCh. 8 - Prob. 8.21PCh. 8 - Prob. 8.22PCh. 8 - Prob. 8.23PCh. 8 - Prob. 8.24PCh. 8 - Prob. 8.25PCh. 8 - Prob. 8.26PCh. 8 - Prob. 8.27PCh. 8 - Prob. 8.28PCh. 8 - Prob. 8.29PCh. 8 - Prob. 8.30PCh. 8 - Prob. 8.31P
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- Understand how various factors influencethe size of an attributes sample and how todetermine the sample size for an attributessampling application.arrow_forwardIdentify differences between the determination of sample size under classical variables samplingand MUS.arrow_forwardWhich of the following statistical techniques are used to test controls? Mean-per-unit sampling. Attribute sampling. Difference estimation. Ratio estimation.arrow_forward
- What is the relationship between sample size and (a) sampling risk, (b) tolerable rate of deviation,and (c) expected population deviation ratearrow_forwardWhat are the characteristics of Probability Proportionate to Size (PPS) sampling?arrow_forwardConsider a sample with data values of 10, 20, 12, 17, and 16. a. Compute the mean and median. b. Consider a sample with data values 10, 20, 12, 17, 16, and 12. How would you expect the mean and median for these sample data to compare to the mean and median for part a (higher, lower, or the same)? Compute the mean and median for the sample data 10, 20, 12, 17, 16, and 12.arrow_forward
- What are the two main variables the researcher should consider collecting data for the purpose of the above analysis and why? Identify the data type(s) for the variablesarrow_forwardHow does Probability Proportionate to Size (PPS) sampling compare to Classic Variables sampling?arrow_forwardCompare and contrast a between-groups design and a within-subjects design. What information about variables, levels, and design should you keep in mind in order to choose an appropriate statistic?arrow_forward
- 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 themarrow_forwardSummarize the concept behind monetary-unit sampling (MUS). How does MUS use attribute-sampling theory?arrow_forwardWhat type of testing are ratios?arrow_forward
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