Suppose the auditor in question 36 decides to divide the accounts receivable into strata. He would like
Question:
Suppose the auditor in question 36 decides to divide the accounts receivable into strata. He would like a desired standard deviation of $10. Determine the total number of sample observations under
(a) proportional allocation and (b)
optimal allocation.
Transcribed Image Text:
Stratum 1 2 234 3 Population size 250 325 225 200 Estimated standard deviation $85 $125 $50 $100
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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