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Professional Skepticism.
Explain why professional skepticism is important in making professional judgments. What are the types of actions that a professionally skeptical auditor will take?
Standard Deviation
A statistic used to determine the degree of spread or variation among data values in a series.
Bimodal
Describes a distribution or data set that has two distinct modes or peaks in its frequency of occurrence.
Parameter
A numerical characteristic of a population, such as mean or standard deviation, that can be estimated by statistics calculated from a sample.
Statistic
A numerical measure that describes an aspect of a sample of data, such as its mean or variance.
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