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In applying classical variables sampling, an auditor will generally evaluate sample results by calculating the possible error in either direction of a projected misstatement (or

In applying classical variables sampling, an auditor will generally evaluate sample results by calculating the possible error in either direction of a projected misstatement (or point estimate). This statistical concept is known as

Multiple Choice

  • Confidence interval.

  • Projected misstatement.

  • Reliability.

  • Standard deviation.

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