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Statistical Sampling in Audit

Statistical Sampling in Audit

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4.1.1 In Simple Random Sampling With Replacement (SRSWR) a unit is selected from the sampling frame (list of units in the population); the unit is replaced back and the next unit is selected; the process is repeated till a sample of the desired size is selected. As a result it is possible for a unit to be included more than once. 4.1.2 In Simple Random Sampling With Out …

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