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Earn +20 ptsQ: What is the importance of sampling frame?
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Define sampling design?
Sampling is a method of selecting experimental units from a population so that we can make decision about the population. Sampling design is a design, or a working plan, that specifies the population frame,sample size, sample selection, and estimation method in detail. Objective of the sampling design is to know the characteristic of the population.
What is the importance of sampling in audit testing?
It takes too much time and effort to check each transaction.
What are the various kind of sampling?
They include: Simple random sampling, Systematic sampling, Stratified sampling, Quota sampling, and Cluster sampling.
What are the sources of sampling errors?
Sampling and Non sampling errors
What sampling method?
Random Sampling
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