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Indicate How Each of the Following Conditions Affect Sample Size

question 60

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Indicate how each of the following conditions affect sample size in a monetary unit sampling application by using the letters I (increase),D (decrease),or N (no effect),assuming that all other factors are held constant.
1___.An increase in the expected misstatement from $5,000 to $10,000.
2___.A decrease in the population size from $1,500,000 to $1,350,000.
3___.An increase in the tolerable misstatement from $25,000 to $35,000.
4___.An increase in the risk of incorrect rejection from 5 percent to 10 percent.
5___.A decrease in the risk of incorrect acceptance from 5 percent to 1 percent.

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Definitions:

Electronegativity

A measure of an atom's ability to attract and hold onto electrons within a chemical bond.

S-H Bond

Refers to a chemical bond between sulfur and hydrogen, characteristic of thiols or sulfur-containing organic compounds.

Polar Covalent

A type of chemical bond where a pair of electrons is unequally shared between two atoms, leading to a partial positive charge on one atom and a partial negative charge on the other.

Cl-Cl Bond

A covalent bond between two chlorine atoms, often found in molecular chlorine (Cl2).

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