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Author Question: In difference estimation sampling, the confidence limits are calculated by combining the point ... (Read 32 times)

Darron12

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Question 1

An important statistic to consider when using a statistical sampling audit plan is the population variability. The population variability is measured by the
◦ sample mean.
◦ standard deviation.
◦ standard error of the sample mean.
◦ estimated population total minus the actual population.

Question 2

In difference estimation sampling, the confidence limits are calculated by combining the point estimate of the total misstatements and the computed precision interval at the desired confidence level.
◦ true
◦ false


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Marked as best answer by Darron12 on Aug 21, 2022

ALuthy

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Darron12

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review


Joy Chen

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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