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In _________ Specific Items Are Selected Based on the Auditor's

question 49

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In _________ Specific items are selected based on the auditor's knowledge about the population. Where as in ________ the probability of selecting each item in the population is known before the sample is chosen. Types of probability samples commonly used by auditors include:


Definitions:

Quantitative Data

Numerical data that quantifies an object or event, which can then be subjected to statistical analysis.

Range

The difference between the highest and lowest values in a set of data.

Stacked Bar Chart

A bar chart in which each bar is broken into rectangular segments of a different color showing the relative frequency of each class in a manner similar to a pie chart.

Stem-and-Leaf Display

A method of displaying quantitative data in a graphical format, similar to a histogram, to show distribution properties.

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