As Part of an Audit Data Analytics (ADA) Procedure, Some

question 60

Multiple Choice

As part of an audit data analytics (ADA) procedure, some steps that might be used for regression analysis are:

• A)Estimate the prediction equation using data that is not currently being audited (usually historical data)
• B)Validate the prediction equation from a statistics point of view
• C)Use the regression equation to make predictions for the data being currently audited
• D)All these answer choices are correct.

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Definitions:

Polygenic Inheritance

The inheritance of traits that are determined by multiple genes, contributing to the phenotype in a cumulative or additive manner.

Dominant Inheritance

A pattern of genetic inheritance where only one copy of a gene from one parent is needed to express a certain trait, often overshadowing the other non-dominant gene.

Normal Behavior

actions or reactions of an individual or group that are considered typical or expected within a specific culture or society.

Recessive

A genetic characteristic that is expressed in an organism's phenotype only when two copies of the gene responsible for the trait are present.