When the Auditor Decides to Select Less Than 100 Percent

question 79

Multiple Choice

When the auditor decides to select less than 100 percent of the population for testing, the auditor is said to use

• A) audit sampling.
• B) representative sampling.
• C) poor judgment.
• D) estimation sampling.

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Definitions:

Random Variable

A variable whose values depend on outcomes of a random phenomenon.

Bernoulli Distribution

A probability distribution that takes two possible outcomes, 1 (success) with probability p, and 0 (failure) with probability 1-p.

Survey Question

A question used in a survey designed to collect data on the opinions, behaviors, or characteristics of respondents.

Probability Density Function

A function that describes the relative likelihood for a continuous random variable to take on a given value.