What are the advantages of nonstatistical sampling over statistical sampling?
Question:
What are the advantages of nonstatistical sampling over statistical sampling?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
Nonstatistical sampling is sometimes cons...View the full answer
Answered By
Akshay Singla
as a qualified engineering expert i am able to offer you my extensive knowledge with real solutions in regards to planning and practices in this field. i am able to assist you from the beginning of your projects, quizzes, exams, reports, etc. i provide detailed and accurate solutions.
i have solved many difficult problems and their results are extremely good and satisfactory.
i am an expert who can provide assistance in task of all topics from basic level to advance research level. i am working as a part time lecturer at university level in renowned institute. i usually design the coursework in my specified topics. i have an experience of more than 5 years in research.
i have been awarded with the state awards in doing research in the fields of science and technology.
recently i have built the prototype of a plane which is carefully made after analyzing all the laws and principles involved in flying and its function.
1. bachelor of technology in mechanical engineering from indian institute of technology (iit)
2. award of excellence in completing course in autocad, engineering drawing, report writing, etc
4.70+
48+ Reviews
56+ Question Solved
Related Book For
Auditing A Practical Approach with Data Analytics
ISBN: 978-1119401742
1st edition
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
Question Posted:
Students also viewed these Business questions
-
How does nonstatistical sampling differ from statistical sampling?
-
Nandini has just completed the accounts receivable confirmation process in the audit of Danforth Paper Company Ltd., a paper supplier to retail shops and commercial users. Following are the data...
-
Jenny Jacobs, CPA, is planning to use attribute sampling in order to deter-mine the degree of reliance to be placed on an entitys system of internal control over sales. Jacobs has begun to develop an...
-
Private carriage is more important in the motor carrier segment of our transportation industry than any of the other four major modal segments. What factors have contributed to private carriage...
-
Peninsula Technology Corporation (PTC) has an all-common-equity capital structure. It has 200,000 shares of $2 par value common stock outstanding. When PTC's founder, who was also its research...
-
Calculating Annuities You have recently won the super jackpot in the Washington State Lottery. On reading the fine print, you discover that you have the following two options: a. You will receive 31...
-
Dan has AGI of $50,000 and paid the following taxes during this tax year. Calculate how much Dan can deduct for taxes as an itemized deduction this year. State income tax withholding $1,400 State...
-
The budget for the Baldwin Equipment, Inc. job in P9-1 consisted of the following amounts: Partners salary and overhead . . . . . . . . . . . . . $6,300 Associates salary and overhead . . . . . . . ....
-
11. Suppose a company has bonds classified as available for sale. As a result of these bonds, the Accumulated other comprehensive income account has a debit balance of $ 45,000. Management decides to...
-
The cantilever bracket is bolted to a column with three M12 Ã 1.75 ISO 5.8 bolts. The bracket is made from AISI 1020 hot-rolled steel. Find the factors of safety for the following failure...
-
a. Determine sample size: Determine sample size for each company using classical variables MPU estimation sampling. b. Analysis and evaluation: Assume the total audited value of the Company X sample...
-
An auditor is testing accounts receivable for a client that has 1,000 customers with customer balances that range from $150 to $185,000. The auditor subdivided the receivables into three groups:...
-
What is the putcall parity equation for a stock paying no dividends?
-
(Reference: A Closer Look on Cost Accounting, De Jesus, 2019) Paulo Corporation had the following account balances as of August 1, 2020: Raw materials inventory (direct and indirect) Work in Process...
-
Use the given data values (a sample of female arm circumferences in centimeters) to identify the corresponding z scores that are used for a normal quantile plot, then identify the coordinates of each...
-
1. What stakeholders other than customers, suppliers, and partners should be considered when conceiving ways to monetize data? 2. What would be one strategy to maximize "reliability" attribute in...
-
What important guidance does little's law offer healthcare leadership regarding the planning and utilization of resources
-
Semester Two Practice Examinations, 2022 STAT2201 Question 2. [10 marks] A study investigated the effect of playing computer games on heart rate. Twenty eight individuals were recruited into the...
-
Refer to Exercise 77. a. Construct and interpret a 95% confidence interval for the true hardness of the tablets in this batch. Assume that the conditions for inference are met. b. Explain why the...
-
Rowland Textile Inc. manufactures two products: sweatshirts and T-shirts. The manufacturing process involves two activities: cutting and sewing. Expected overhead costs and cost drivers are as...
-
On the basis of the data and analysis presented in Chapter 5, what kind of buying behavior would you expect to find for the following products: ( a ) a haircut, ( b ) a shampoo, ( c ) a digital...
-
Review the model in Exhibit 5-2 and then reread the Apple case at the beginning of this chapter. List and briefly describe specific points in the case that illustrate the model.
-
Interview a friend or family member about two recent purchase decisions. One decision should be an important purchase, perhaps the choice of an automobile, a place to live, or a college. The second...
-
Xerox Holdings Corporation designs, develops, and sells document management systems and solutions. The companys current EPS is $4.24. The PE ratio is 5.35 The EPS expected next year is $2.20. What is...
-
a) Define Single Currency and give an example of an economic area that uses a single currency. c) Give one (1) reason that in your opinion would lead a country to leave an economic area that uses a...
-
Question 13 (5 points) Discuss 2 of the 4 criteria used to evaluate the quality of sources when doing literature research (i.e. secondary research)
Study smarter with the SolutionInn App