What is the standard deviation? How does it affect the necessary sample size?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (13 reviews)
The standard deviation is a measure of variability of the population c...View the full answer
Answered By
Usman Nasir
I did Master of Commerce in year 2009 and completed ACCA (Association of Chartered Certified Accountants) in year 2013. I have 10 years of practical experience inclusive of teaching and industry. Currently i am working in a multinational company as finance manager and serving as part time teacher in a university. I have been doing tutoring via many sites. I am very strong at solving numerical / theoretical scenario-based questions.
4.60+
16+ Reviews
28+ Question Solved
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
Question Posted:
Students also viewed these Auditing questions
-
What is operating leverage, and how does it affect a firms business risk?
-
What is information asymmetry, and how does it affect insurance companies?
-
What is white noise and how does it affect a signal?
-
Stock W, X and Y have expected returns of 9.0%, 16.1% and 11.3% respectively. Based on this and the attached information, what is the expected return of your portfolio? Stock W X Y Number of Shares...
-
Before making an apartment available for rent, the landlord legally must take which of the following actions? a. Provide a freshly painted unit. b. Provide the unit with sterilized bathroom...
-
Certain liability and net worth items generally increase spontaneously with increases in sales. Put a check (=) by those items that typically increase spontaneously: Mortgage bonds Common stock...
-
Use stepwise regression to build a model for the home rental prices and home sales data in Table B.24. Perform a residual analysis on the final model. Compare this model to the all possible...
-
Steamco Corporation is reviewing its operations to see what additional energy-saving projects it might adopt. The company's manufacturing plant generates its own electricity using a process capturing...
-
Farm Supply plans to make 10,000 tractors at its plant. Fixed costs are $1,000,000 and variable costs are $500 per tractor. What is the average cost per tractor?
-
Bostonian Company provided the following information related to its defined benefit pension plan for 2014: PBO on 1/1/14 $2,500,000 Fair value of plan assets on 1/1/14 2,000,000 Service cost 120,000...
-
Define classical variables sampling. How does it provide the audit team evidence as to the fairness of an account balance or class of transactions?
-
Define precision and the precision interval. What factors are used to determine the level of precision?
-
What cost number is compared to the level of raw materials inventory in computing a useful measure of raw materials inventory turnover? Of work-in-process inventory turnover? Of finished goods...
-
A municipal bond is paying a 6% annual yield. An equivalent risk corporate bond is paying 7%. Investors with a tax rate of _______________ or higher would prefer the municipal bond.
-
Can you please show how to code using processing? Draw a table fan that looks similar to the one on the right. Use colours of your own choice. You should use variables. Your sketch should meet the...
-
3. The manufacturing of Styrofoam coffee cups causes damage to a local river when the manufacturing plant produces more than 500 units in a period. To discourage the plant from producing more than...
-
4. (15 points) Use indifference curves as an indicator of national welfare to evaluate the following statement: "Suppose the price of a country's exports increases relative to its imports. This only...
-
Deciding on Capacity You are a division manager for Wayne Biotech, and are tasked with deciding on the capacity of your new factory for a new ecologically friendly weed killer. A similar new product...
-
For shell-and-tube exchangers in which the flow is turbulent and there is no phase change taking place for either stream, how does the heat transfer coefficient change with a 50% increase in the mass...
-
A city maintains a solid waste landfill that was 12 percent filled at the end of Year 1 and 26 percent filled at the end of Year 2. During those periods, the government estimated that total closure...
-
Use the information in the preceding question to create a prototype of the report; use an automated tool such as Microsoft Access (or if you prefer, you can create a prototype the old-fashioned way...
-
Assume that you have been assigned to the audit of Italian Home Stores, which sells Italian furniture and home furnishings in two retail shops and on a website for online sales. Italian Home Stores...
-
You are planning the audit for Sole Comfort, a high-end shoe store selling imported shoes to men and women. a. Describe how you will use evidence to evaluate the accounts associated with the revenue...
-
Assume that you are responsible for designing the audit procedures to detect fraud at Albertos Grocery Store. a. Describe how you would identify risk factors for a small independent grocery store. b....
-
If they are both eligible to collect the maximum CPP at age 65, what would their individual retirement incomes be including a 6% gross withdrawal from their RRIF and pension plans? (6 Marks)
-
What term refers to raising funds and buying assets to obtain the highest possible return?
-
Modeler's prospective stock has a 15% chance of producing a 75% return, a 25% chance of producing a 22% return, a 40% chance of producing a 9% return, and a 20% chance of producing a -20% return.What...
Study smarter with the SolutionInn App