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Sampling

Auditing

What does this sentence mean?

Swathi Krishna

CA Final

★ 8K+

04-Nov-20 10:08

349

Answers (3)

Statistical sampling is used when you have large data that is similar in type. Examples of such data are payroll, receivables etc. In this, you test a sample out of total population and make an inference on the entire population based on results of testing such sample