AUDITING+ASSURANCE SERVICES-CONNECT >I<
AUDITING+ASSURANCE SERVICES-CONNECT >I<
8th Edition
ISBN: 9781265005405
Author: LOUWERS
Publisher: INTER MCG
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Chapter GC, Problem 1RC
To determine

List the differences between nonstatistical sampling and statistical sampling.

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Explanation of Solution

Differences between nonstatistical sampling and statistical sampling are as follows:

S.No.Basis of DifferencesNonstatistical samplingStatistical sampling
1.Selection of sampleProfessional judgments are used for sample selection. Samples are selected at random.
2.Use of the techniqueThis technique is most suitable when the population members are dissimilar.   This technique is used when population is in large number and homogenous.   
3.KnowledgeThis sampling does not need any knowledge of statistical methods. This sampling needs knowledge of statistical methods.
4.EvaluationSamples are evaluated qualitatively. Samples are evaluated quantitatively.

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AUDITING+ASSURANCE SERVICES-CONNECT >I<

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