In making a decision about the extent of misstatement in a population,the known misstatement in the sample must be projected to the population.

Question

Quizplus · Accepted Answer

This statement is true. The misstatement in a sample can be used to estimate the misstatement in the entire population by projecting the sample results to the population. This projection can be done using various statistical techniques, such as extrapolation or scaling. It is important to note that the accuracy of the projection depends on the size and representativeness of the sample.

In Making a Decision About the Extent of Misstatement in a Population,the