Statistical Sampling Enables the Examiner to Predict the Occurrence Rate

question 30

True/False

Statistical sampling enables the examiner to predict the occurrence rate for the population and therefore determine with some accuracy the error rate, or the potential for fraud.

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Definitions:

Extends

A keyword used in Java and other object-oriented languages to indicate that a class is inheriting the properties and methods of another class.

ArrayList Position

Refers to the index of an element within an ArrayList, where indexing starts at 0.

Method

A collection of statements that perform a specific task and are grouped together within a class or object, potentially processing input and returning an output.

Inheritance

A mechanism in object-oriented programming where a new class is derived from an existing class, inheriting its properties and behaviors.