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When making statistical inferences, the auditor must remember that

darkfire12

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When making statistical inferences, the auditor must remember that

When making statistical inferences, the auditor must remember that

▸ the true population value must always be known.

▸ auditors can state the conclusions drawn from a confidence interval in different ways.

▸ there can be no possibility that the sample is not sufficiently representative of the population.

▸ the knowledge of sampling distributions does not help the auditors to draw statistical conclusions.

Textbook

Auditing and Assurance Services

Edition: 17^th

Authors: Arens, Elder, Beasley, Hogan

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