Which statement is least appropriate? Advantages of statistical sampling a. Results may be defended against bias. Bias

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Which statement is least appropriate?

Advantages of statistical sampling

a. Results may be defended against bias. Bias conjures up images of the auditor being subject to favouritism, narrow-mindedness, one-sidedness and partiality.

b. A defined sample size is provided. A close examination of statistical tables brings out the feature of larger populations requiring only relatively small increases in sample size to meet set parameters.

c. One may safely extrapolate the results and apply them to the wider population.

d. The technique is repeatable and one would expect a similar result from any repetition.

e. It forces one to define and consider the attributes of the population. This means the data in question has to be extensively researched.

f. Computers make statistical sampling more convenient to use. It is simple to ask the computer to generate random numbers.

g. The level of confidence may be predefined. Statistical sampling allows one to define predetermined risk parameters that the final opinion may be set within.

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The Internal Auditing Handbook

ISBN: 9780470518717

3rd Edition

Authors: K. H. Spencer Pickett

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