Auditing & Assurance Services (Auditing and Assurance Services)
Auditing & Assurance Services (Auditing and Assurance Services)
7th Edition
ISBN: 9781259573286
Author: Timothy J Louwers, Allen Blay, David Sinason Associate Professor, Jerry R Strawser, Jay C. Thibodeau Associate Professor
Publisher: McGraw-Hill Education
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Chapter GC, Problem 1RC
To determine

List the differences between nonstatistical sampling and statistical sampling.

Expert Solution & Answer
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Explanation of Solution

Differences between nonstatistical sampling and statistical sampling are as follows:

S.No.Basis of DifferencesNonstatistical samplingStatistical sampling
1.Selection of sampleProfessional judgments are used for sample selection. Samples are selected at random.
2.Use of the techniqueThis technique is most suitable when the population members are dissimilar.   This technique is used when population is in large number and homogenous.   
3.KnowledgeThis sampling does not need any knowledge of statistical methods. This sampling needs knowledge of statistical methods.
4.EvaluationSamples are evaluated qualitatively. Samples are evaluated quantitatively.

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Chapter GC Solutions

Auditing & Assurance Services (Auditing and Assurance Services)

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