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Statistical sampling enables the examiner to predict the occurrence rate for the population and therefore determine with some accuracy the error rate, or the potential for fraud.
Suggested Answer: A
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12 comments · newest first
AL
Alesia
1 month ago
True! It helps identify issues without checking everything.
QU
Queen
2 months ago
Agreed, true makes sense. Less effort, more insight.
DE
Desmond
2 months ago
I think it's true. Sampling gives a good estimate.
DO
Douglass
2 months ago
Wait, can it really predict fraud accurately?
ON
Oneida
2 months ago
I agree, statistical sampling is super useful!
OD
Odelia
2 months ago
It helps estimate error rates, so yeah, true!
EZ
Ezekiel
2 months ago
Not so sure about that, can be misleading.
JU
Julie
3 months ago
Totally true, sampling is key for predictions!
KA
Karon
3 months ago
I’m a bit lost on this one. I feel like it could be A) True, but I’m not confident.
RO
Rocco
3 months ago
This sounds familiar; I practiced a question about sampling and fraud detection. I think the answer is A) True.
JO
Jolene
3 months ago
I'm not entirely sure, but I remember something about sampling being used to detect fraud. Maybe A) True?
CE
Celeste
3 months ago
I think statistical sampling helps in estimating error rates, so I would lean towards A) True.