Question: Describe systematic sample selection and explain how an auditor will select 160 numbers from a population of 6,400 items using this approach. What are the

Describe systematic sample selection and explain how an auditor will select 160 numbers from a population of 6,400 items using this approach. What are the advantages and disadvantages of systematic sample selection? Describe systematic sample selection and explain how an auditor will select 160 numbers from a population of 6,400 items using this approach. O A. In systematic sampling, the auditor randomly selects items such that each population item has a known probability of being included in the sample. To select 160 numbers from a population of 6,400, the auditor would use an electronic spreadsheet to generate the selection. B. In systematic sampling the auditor selects the first item in a block, and the remainder of the block is chosen in sequence. To select 160 numbers from a population of 6,400 the auditor can select the total sample of 160 by taking 4 blocks of 40 items, 10 blocks of 16, 20 blocks of 8, or one block of 160. O C. In systematic sampling, the auditor calculates an interval and then methodically selects the items for the sample based on the size of the interval. The interval is set by dividing the population size by the number of sample items desired. To select 160 numbers from a population of 6,400, the auditor divides 160 into 6,400 and gets an interval of 40. He or she then selects a random number between 0 and 39. D. In systematic sampling, the auditor randomly selects items such that each population item has a known probability of being included in the sample. To select 160 numbers from a population of 6,400, the auditor would use a haphazard sample selection method to generate the selection. What are the advantages of systematic sample selection? (Select all that apply.)
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