**Sampling: What It Is, Different Types, and How Auditors …**
https://www.investopedia.com/terms/s/sampling.asp

What Is Sampling?How Sampling is UsedTypes of Audit SamplingExample of Marketing SamplingWith random sampling, every item within a population has an equal probability of being chosen. …For example, a random sample may include choosing the names of 25 employees out of a hat in a company of 250 employees. The population is all 250 employees, and the sample is With random sampling, every item within a population has an equal probability of being chosen. …For example, a random sample may include choosing the names of 25 employees out of a hat in a company of 250 employees. The population is all 250 employees, and the sample is random because each employee has an equal chance of being chosen. Auditor judgement may be used to select the sample from the full population. An auditor may on…Alternatively, an auditor may identify all general ledger accounts with a variance greater than 10% from the prior period. In this case, the auditor is limiting the population from which the sample selection is being derived. Unfortunately, human judgement used in sampling always comes wit…

With random sampling, every item within a population has an equal probability of being chosen. …For example, a random sample may include choosing the names of 25 employees out of a hat in a company of 250 employees. The population is all 250 employees, and the sample is random because each employee has an equal chance of being chosen.

Auditor judgement may be used to select the sample from the full population. An auditor may on…Alternatively, an auditor may identify all general ledger accounts with a variance greater than 10% from the prior period. In this case, the auditor is limiting the population from which the sample selection is being derived. Unfortunately, human judgement used in sampling always comes wit…

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