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#2 Edwards has decided to use probability-proportional-to-size (PPS) sampling in the audit of a client's accounts receivable balance. Few, if any, errors of overstatement are
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Edwards has decided to use probability-proportional-to-size (PPS) sampling in the audit of a client's accounts receivable balance. Few, if any, errors of overstatement are expected. Edwards plans to use the following PPS sampling table. (b) Calculate the sampling interval and the sample size Edwards should use, given the following information: Edwards has decided to use probability-proportional-to-size (PPS) sampling in the audit of a client's accounts receivable balance. Few, if any, errors of overstatement are expected. Edwards plans to use the following PPS sampling table. (b) Calculate the sampling interval and the sample size Edwards should use, given the following informationStep by Step Solution
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