Non-probabilistic sample selection methods are NOT based on strict mathematical probabilities; therefore:
A) they are discouraged by the Corporations Act.
B) they are not as good as statistical sampling.
C) they are forbidden by the Statements of Auditing Standards.
D) the representativeness of the sample may be difficult to determine.

Question

Quizplus · Accepted Answer

Non-probabilistic sample selection methods do not provide a basis for determining the representativeness of the sample, as they are not based on mathematical probabilities. Therefore, it may be difficult to determine if the sample is truly representative of the population being sampled. These methods are not necessarily discouraged or forbidden, but they are generally considered to be less reliable than probabilistic sampling methods.

Non-Probabilistic Sample Selection Methods Are NOT Based on Strict Mathematical