Which of the following refers to an approach to sampling that involves a random selection of sample items and the use of an appropriate statistical technique to determine sample size and evaluate sample results?
A)Statistical sampling
B)Non-statistical sampling
C)Haphazard sampling
D)Audit data sampling

Question

Quizplus · Accepted Answer

Statistical sampling refers to a method where a random selection of sample items is made, and an appropriate statistical technique is used to determine the sample size and evaluate the results. This method helps in reducing bias and ensuring a representative sample is selected. Non-statistical sampling, on the other hand, relies on auditor judgment and may not be as reliable. Haphazard sampling refers to a method where the auditor selects items without any specific reason or purpose, leading to a non-representative sample. Audit data sampling is a broader term that refers to any method of selecting and testing a sample of data to draw conclusions about the entire population.

Which of the Following Refers to an Approach to Sampling