a. Calculate the preliminary sample size using difference estimation for a to e from the information provided.
Question:
a. Calculate the preliminary sample size using difference estimation for a to e from the information provided. Apply the finite correction factor when it is appropriate.
b. In general, what is the effect on the preliminary sample size (increase, decrease, no effect, or cannot determine without additional information) for each of the following independent changes, assuming the other components of sample size are held constant ?
c. Explain why each of your answers in 5-31.a is the same as or different from the answer 5-32.a.
Question 5-31
a. Using difference estimation, calculate the preliminary sample size for a to e from the information provided. Apply the finite correction factor when it is appropriate.
b. In general, what is the effect on the preliminary sample size (increase, decrease, no effect, or cannot determine without additional information) of each of the following independent changes, assuming the other components of sample size are held constant ?
Step by Step Answer:
Applications Of Statistical Sampling To Auditing
ISBN: 9780130391568
1st Edition
Authors: Alvin A. Arens, James K. Loebbecke