Examlex
When an auditor selects transactions from the sales journal or ledger and then examines the underlying source documents, such as a shipping document and an invoice to the customer, this is known as ________.
Sample Mean
The arithmetic average of a set of sample observations, used as an estimate of the population mean.
Sampling Distribution
The framework of chances for a specific statistic, selected randomly.
Normally Distributed
A type of continuous probability distribution for a real-valued random variable, where the data tends to cluster around a central mean value, forming a bell curve.
Sampling Distribution
A distribution showing the probability of various outcomes for a specific statistic, coming from a random sample, and used for inferential purposes about the population.
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