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Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 583
Which of the following statements is not true if the precision interval for a sampling risk of 10 percent ranges from 60 to 70?
A) A 10 percent probability exists that the true population value is less than 60 or more than 70.
B) A 90 percent probability exists that the true population value is less than 60 or more than 70.
C) The reliability is 90 percent.
D) The precision is 5.
A) A 10 percent probability exists that the true population value is less than 60 or more than 70.
B) A 90 percent probability exists that the true population value is less than 60 or more than 70.
C) The reliability is 90 percent.
D) The precision is 5.
Explanation
Verified
Verified
(B) In This case the...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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