The confidence limits in variables sampling are similar to the monetary-unit sampling's:
A) point estimate.
B) misstatement bounds.
C) standard deviation.
D) standard error of the mean.

Question

Quizplus · Accepted Answer

Confidence limits in variables sampling represent the range within which misstatements in the population may lie, which is similar to the misstatement bounds in monetary-unit sampling. The other choices are not directly related to confidence limits in variables sampling.

The Confidence Limits in Variables Sampling Are Similar to the Monetary-Unit