Examlex
When a client has significant and nonrecurring charges to nonoperating expenses, which of the following would be the most appropriate materiality benchmark?
Sampling Distribution
The probability distribution of a statistic (e.g., the mean) obtained from a large number of samples drawn from a specific population.
Standard Deviation
A measure of the dispersion of a set of data from its mean, indicating how spread out the data points are.
Standard Deviation
A statistic that quantifies the amount of variation or dispersion of a set of data values.
Sample Size
The number of individual observations or data points used in a statistical sample.
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