Discover how attribute sampling enhances audit accuracy by evaluating internal controls and analyzing population traits, streamlining auditing procedures efficiently.

In some applications it is cost efficient to sample data in two or more stages. In the first stage a simple random sample is drawn and then stratified according to some easily measured attribute. In ...

Durbin's (1953, 1967) and Des Raj's (1968) results are generalized to show that a general class of linear homogeneous unbiased estimators for a finite population total based on arbitrary sampling ...

Sampling is a technique in which samples are drawn at random (without any favor or bias). For this, suitable measures or procedures may be laid down and adopted according to the nature and ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...