When making statistical inferences,the auditor must remember that
A)the True population value must always be known.
B)auditors can state the conclusions drawn from a confidence interval in different ways.
C)there can be no possibility that the sample is not sufficiently representative of the population.
D)the knowledge of sampling distributions does not help the auditors to draw statistical conclusions.

Question

Quizplus · Accepted Answer

Auditors can interpret and present the results of statistical inferences in different ways. The true population value is unknown, and the sample may not always be fully representative of the population. However, understanding sampling distributions is crucial for drawing statistical conclusions.

When Making Statistical Inferences,the Auditor Must Remember That