Statistical theory proves that in most types of populations to which audit sampling applies, the population size is:
A) not a consideration in determining sample size.
B) a minor consideration in determining sample size.
C) a major consideration in determining sample size.
D) the determining factor in determining sample size.

Question

Quizplus · Accepted Answer

Statistical theory shows that population size has a minor consideration in determining sample size. This means that the sample size can be determined with a reasonable degree of accuracy regardless of the population size.

Statistical Theory Proves That in Most Types of Populations to Which