Which of the following statements is generally correct about the sample size in statistical sampling when testing internal controls?
A)As the population size doubles,the sample size should increase by about 67%.
B)The sample size is inversely proportional to the expected population deviation rate.
C)There is no relationship between the tolerable rate of deviation and the sample size.
D)When evaluation very large populations,the population size has little or no effect on the sample size.

Question

Quizplus · Accepted Answer

In statistical sampling for internal controls, the sample size is generally not significantly affected by the population size when the population is very large. Instead, it is more influenced by factors like the tolerable deviation rate and the expected deviation rate.

Which of the Following Statements Is Generally Correct About the Sample