16. The average value of a data set may be calculated as the sum of all values, divided by the number of data points

17. The represents the middle value in a population range

18. The represents the most frequently occurring value in a population.

19. In determining the variability of a population,the measures dispersion around the mean

20. In a normal (unskewed) population, percent of the population will lie within 1 standard deviation from the mean

21. The of a distribution refers to its lack of symmetry

22. A distribution with the majority of the population distributed to the right of the mean is said to be skewed

23. A distribution with the majority of the population distributed to the left of the mean is said to be skewed

24. The represents the likelihood that the results obtained from the sample lie within the associated precision

25. Statistically, the larger the population size, the is the likelihood that the sample will be representative

26. is used to evaluate the behavior of a variable such as turnover of a period of time

27. are non-parametric tests capable of analyzing relationships between qualitative data

28. In quantitative methods, the measurement of the extent of association of one variable with another is known as .

29. analysis can be useful to the internal auditor in identifying interrelationships in data, anomalies, and simple data errors

30. Learning curves are evaluated by computing the time required per unit of production each time that the cumulative output is .

31. A more advanced form of ratio analysis attempts to quantify the interrelationship in order to facilitate predictions in a analysis.

32. is an operations research tool used for the allocation of scarce resources

33. The is used to diagrammatically identify dependent and independent activities

34. In both CPM and PERT, the critical path is the route to reach the end point while ensuring that all tasks are complete

35. A computerized technique used to simulate uncertainty via random behavior based on the probabilities entered and then estimates specified models several times to determine average performance is known as the method

36. In game theory, a game denotes a situation where a profit simply transfers from a loser to a winner

37. Queuing theory facilitates the use of mathematical models to minimize the total cost for a given rate of arrivals; the minimized cost includes both costs and costs

38. Information retrieval and analysis programs and procedures including programs that organize, combine, extract, and analyze information are known generally as .

39. Software designed specifically for auditors in order to provide a user-friendly audit tool to carry out a variety of standard tasks required by the auditor is known as .

40. It is specifically designed for the handling of volumes of data

41. Software which has been specifically designed to run in unique circumstances and to perform unique audit tests is known as or Audit Software

42. are programs written to perform common tasks such as copy, sort, print, merge, select, or edit

43. An audit technique in which of a copy of the live computer system is utilized and through which a series of transactions is passed with the intention of producing predetermined results is the technique known as a technique

44. The technique of creation within the live system, of a dummy entity, and the processing of test data against the dummy entity together with the live data is known as an .

45. is a technique involving the creation of software to simulate some functional capability of the live system such as a calculation