Many of the Assurance Services Auditors Offer Today Involve Information

question 33

True/False

Many of the assurance services auditors offer today involve information technology.

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Definitions:

Mean

The average of a set of numbers, calculated by adding them together and dividing by the number of values.

Confidence Interval

A range of values, derived from the sample statistics, that is likely to contain the population parameter with a certain level of confidence.

Population Mean

Population mean is the average of all the values in a population.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how spread out the numbers are from the mean.