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3 years ago

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What is the benefit of using statistical sampling versus nonstatistical sampling?

1 answer:

taurus [48]3 years ago

4 0

<span>Statistical sampling: Uses laws of probability for selection and evaluation of a sample. Allows for quantification of audit risk and sufficiency of audit evidence. Nonstatistical sampling: Does not utilize statistical models in calcualtions. Uses a non-mathematical approach to determine sample sizes and evaluate the selected samples.</span>

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Ivan

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3 years ago

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Crackers come in packages of 24. Cheese slices come in packages of 18. Andy wants one cheese slice for each cracker. Patrick mad

ANEK [815]

Patrick's statement is incorrect.

Explanation:

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As given, Andy wants one cheese slice for each cracker so we will find the least common multiple of 24 and 18.

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