Variable Sampling Flashcards
1
Q
Variable sampling
A
Used for measurements such as weights or monetary amounts
E.g. provides info whether stated amount is received materially misstated
Substantive test
2
Q
Types of variables sampling techniques (5)
A
- Unstratified mean per unit
- Stratified mean per unit
- Difference estimation
- Ratio estimation
- Monetary unit sampling
All these are numbers based!!!
3
Q
Sample size depends on (4)
A
- Confidence level
- Population size
- Tolerable misstatement (precision)
- Standard deviation
4
Q
Variable and attribute sampling
A
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