Examlex
An auditor suspects its client is committing illegal acts that will have a material impact on its financial statements.What is the auditor legally required to do and under what circumstances would the auditor directly notify the SEC?
Degrees of Freedom
The number of values in the final calculation of a statistic that are free to vary.
Qualitative Variables
Variables that express qualitative attributes and differentiate by category, not in numerical terms.
Chi-Square Test
A nonparametric test used to determine if there is a significant association between two categorical variables.
Sampling Distribution
The probability distribution of a given random-sample-based statistic if you repeatedly sample from the same population.
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