Which of the following is considered in determining the sample size in a classical variables sampling application but not in a monetary unit sampling (MUS)application?
A) Standard deviation, yes; risk of incorrect acceptance, yes.
B) Standard deviation, yes; risk of incorrect acceptance, no.
C) Standard deviation, no; risk of incorrect acceptance, yes.
D) Standard deviation, no; risk of incorrect acceptance, no.

Question

Quizplus · Accepted Answer

In classical variables sampling, the standard deviation is considered to determine sample size, whereas in monetary unit sampling, it is not. Both methods consider the risk of incorrect acceptance.

Which of the Following Is Considered in Determining the Sample