Question regarding statistical sampling

Assignment Help Advanced Statistics
Reference no: EM13115166

What are some benefits of an auditor using statistical sampling? What are some examples of statistical sampling? Does anyone have any experience they are willing to share with the class on statistical sampling?

Reference no: EM13115166

Questions Cloud

Strategies for competitive advantage cost leadership : Choose one of the different strategies for competitive advantage of the Rainer and Turban which presents cost leadership, differentiation, innovation, operational effectiveness
Should the propagation and planting legally protected : Many endangered plant and species are currently propagated by commercial growers and botanical gardens and then sold (as both plants and seeds) to government agencies, conservation organizations, garden clubs and the general public, who then in ef..
What temperature , in celsius, is needed : Using the same sample of gas ( = 275 , = 43 ), we wish to change the pressure to 2750 with no accompanying change in volume or amount of gas.
Determining tax saver benefit : A TSB (Tax Saver Benefit) plan allows you to put money into an account at the beginning of the calendar year that can be used for medical expenses. This amount is not subject to federal tax (hence the phrase TBS).
Question regarding statistical sampling : What are some benefits of an auditor using statistical sampling? What are some examples of statistical sampling? Does anyone have any experience they are willing to share with the class on statistical sampling?
Which hypothesis-testing procedure is used for cases : Which hypothesis-testing procedure would you use in the following situations? The mean time an American family lives in a particular single-family dwelling is 11.8 years.
Explain why it is important not to touch any other area : Explain why it is important not to touch any other area of the mouth except the pharyngeal membranes when taking a throat culture. Not how it is done but why it can not touch any other area.
Determining break-even point-profit gained : To produce x number of units of glass vases cost C(x)=12x + 39. My revenue is R(x)=25x. Both cost and revenue and cost are in dollars.
How many liters of hydrogen are required : According to Avogadro's law, how many liters of hydrogen are required to react with 1.9L of oxygen at STP.

Reviews

Write a Review

Advanced Statistics Questions & Answers

  Straight-line and declining balance depreciation

Classic Irons, Inc. purchased Manufacturing Equipment with an expected useful life of five years of 5,000 hours of usage. The equipment was purchased on Jan. 1, 2008, for $460,000.

  Probability of dividend payment

What is the probability that Krupa will be able to pay a dividend of $1 per share next year and still have some money left over as retained earnings?

  Predetermine overhead rate

ZXC Firm has the following information to determine Predetermine overhead rate for Standard Costing:

  Research study statistical testing

Suppose you are testing the differences in attitudes toward health care reform using Democrats, Republicans, and Independents. How would the median measure be used for this test?

  Build up a two-way anova analysis

Formula for sample size n with given margin of error m and con dence level C for population proportion and please simplify the model by dropping the insigni cant terms

  Statistics-sampling and audits

What is the benefit to using statistical vs. random sampling to the auditor? What types of statistical sampling techniques used in auditing are attribute sampling and variables sampling?

  Imc and promotional strategies of nike

Complete a minimum 800 word paper analyzing today's promotion strategies of the company you have chosen (Nike athletic shoes).

  Modelise as a markov chain

modelise as a markov chain

  Relevant components of medical records

Administrative Data-entails the patient's confidential personal information such as contact information, insurance, and anything that would validate the patients true identity.

  Learning curve problems

Given the following information, determine the equation for the unit formulation. It cost a contractor $9,765 to manufacture their first unit. The company expects to experience an 82% unit learning curve. Estimate the cost of the 7th unit.

  Cost of equity for dell

Calculate the industry average beta for Dell, and then using the industry average beta compute the cost of equity for Dell. Does it matter if you use the beta for Dell or the beta for the industry in this case?

  What is companys labor hours productivity

What is the company's labor hours productivity and what is its multifactor productivity and what is the percent change in the multifactor productivity if the initial process used is the one without the rework capability and is then replaced by the ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd