Which of the following sampling methods uses normal distribution theory and the central limit theorem to provide an estimate range of the account balance or class of transactions or the misstatement in the account balance or class of transactions?
A) Attributes.
B) Classical variables.
C) Nonstatistical.
D) Monetary unit sampling (MUS).

Question

Quizplus · Accepted Answer

Classical variables sampling uses normal distribution theory and the central limit theorem to estimate the range of account balances or misstatements.

Which of the Following Sampling Methods Uses Normal Distribution Theory