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Decision
Reminder - I do not allow direct quotes in student's work in this class. You need to paraphrase and cite your outside sources. "Outside sources" do not include the text and so you don't need to cite it.
1) Confidence level and acceptable audit risk (AAR) in the audit risk model are conceptually very similar. In addition, Tolerable Exception Rate (TER) and materiality in the risk model are conceptually very similar. Explain each of these statements and discuss why the two comparisons are similar.
Hint: I want you to get behind these terms and think about what they mean and how they are used to determine how much evidence auditors gather.
2) How does non-statistical sampling differ from statistical sampling and when might an auditor choose one over the other?
Hint: There are only two key differences between statistical and non-statistical sampling. Your answer should cover what those two differences are and the advantages and disadvantages of choosing one over the others. Give examples to illustrate your points. Also, the text missed a common type of non-statistical sample selection called judgmental sampling. In judgmental sampling, the auditor select items to test based on features of the items. For example, selecting vendors that they know have complex transactions to test purchasing controls. Understanding judgmental sample selection may give you more examples to support your answer.
The Presidential race is in progress. The Republican side is undecided. The republicans are arguing who is the best choice. 200 Republicans were randomly selected to determine if they liked Trump, Cruz
The article "On Assessing the Accuracy of Offshore Wind Turbine ReliabilityBased Design Loads from the Environmental Contour Method" (Intl. J. of Offshore and Polar Engr., 2005: 132-140) proposes the Weibull distribution with α = 1.817 and ß = .8..
Show that P(x) is a probability distribution.- Find the cumulative distribution function.- Find the probability that more than 20% will respond to the ad.
If there are 12 business-class passengers and 50 tourist-class passengers on a particular flight, what are the expected value of total luggage weight and the standard deviation of the total luggage weight?
you write a new app that can take a picture of someone and automatically draw a funny mustache on them. it takes 3
Develop a 1,050-word report in which you: Identify the types of descriptive statistics that might be best for summarizing the data, if you were to collect a sample. Analyze the types of inferential statistics that might be best for analyzing the data..
5.54 A random sample of 20 students yielded a mean of x¯ = 72 and a variance of s2 = 16 for scores on a college placement test in mathematics. Assuming the scores to be normally distributed, construct a 98% con- ?dence interval for s2.
Given the nature of the population distribution, would we expect the distribution of sample means to be at least approximately normally distributed? Generate a histogram of the sample means and comment on the shape of the distribution.
Discuss why the nonparametric test was used. In order to do this, you will need to state. What was the Dependent Variable (DV) and at what level was it measured. What was the Independent Variable (IV) and at what level it was measured
1. the average price of homes sold in the u.s. in the past year was 220000. a random sample of 81 homes sold this year
Classify the following as an example of nominal, ordinal, interval, or ratio level of measurement, and state why it represents this level: rankings of the top ten best-selling authors
1. Suppose you are given a particular set of data and found that r = 2.5. How would you interpret this result?
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