Question: When difference estimation is used for calculating confidence intervals in a hypothesis test, the auditor must know the population size, sample size, value of each
When difference estimation is used for calculating confidence intervals in a hypothesis test, the auditor must know the population size, sample size, value of each individual error in the sample, and Beta risk. It is also necessary to square each error and sum the total. Which of this information is also needed for ratio estimation? Identify additional information required to calculate a ratio estimation confidence limit.
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