When using monetary unit sampling,
A) smaller amounts are more likely to be sampled.
B) larger amounts are more likely to be sampled.
C) offers automatic stratification.
D) both b and c.

Question

Quizplus · Accepted Answer

When using monetary unit sampling, every dollar amount in the population has an equal chance of being selected. Therefore, smaller amounts are just as likely to be sampled as larger amounts. Monetary unit sampling does not offer automatic stratification, as the sample is randomly selected based on dollar values.

When Using Monetary Unit Sampling