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

1 answer:

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<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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Danielle construct a scale model of a building with a rectangular base her model is 2 inches in length and 1 inch in width the s

Kitty [74]

Given:

a.) The scale of the model is 1 in equals 47 ft.

b.) Danielle constructs a scale model of a building with a rectangular base her model is 2 inches in length and 1 inch in width.

To be able to determine the actual area of the base, let's first identify the actual dimensions of the base.

We get,

$\text{Length: 2 (inches) x }\frac{47\text{ ft.}}{1\text{ (inch)}}\text{ = 2 x }\frac{47\text{ ft.}}{1}\text{ = 94 ft.}$ $\text{Width: 1 (inch) x }\frac{47\text{ ft.}}{1\text{ (inch)}}\text{ = 1 x }\frac{47\text{ ft.}}{1}\text{ = 47 ft.}$

Let's now solve for the area of the base, since it is a rectangle, we will be using the formula below: