In a research, what is the difference between an experimental method and a correlational method?

Q: A principal advantage of statistical methods of attribute sampling over nonstatistical methods is…

A: D. Sample Size

Q: What have been the results of empirical tests of the dividendtheories?

A: Answer: Constructing a perfect empirical test of the relation between pay-out strategy and the…

Q: When is Attribute sampling used?

A: Attributes sampling is a statistical sampling method used to estimate the rate of control procedure…

Q: Why is it important to complement intuition with systematic study?

A: Organizational behaviour is the study of understanding how people behave within groups. The…

Q: Why is it necessary to obtain corroborating evidence for inquiry and for observation?

A:

Q: What are the differences between MIRR method and IRR method?

A: The question is related to MIRR and IRR.

Q: ions of the study"?

A: Scope refers to the area of the extent or to the limits a study can be studied or explored.

Q: What is the relationship between ARIA and ARO for tests ofcontrols?

A: Auditing: Auditing refers to an independent examination of financial information of any…

Q: In an MUS application, how is the population size defined? What is the relationship between…

A: MUS stands for Monetary Unit Sampling. It defines the sampling unit as an individual dollar in an…

Q: Create a sample problem of an External Rate of Return.

A: External rate of return(ERR) It is the the rate of return  on a venture where any "excess” cash  is…

Q: “High correlation between two variables means that one is the cause and the other is the effect.” Do…

A: Correlation:Correlation is a way to ascertain the basic equation or bond between two given…

Q: What is Attribute Sampling?

A: Auditing:   Auditing refers to the procedure for providing independent report over the presentation…

Q: What is the difference between covariance and correlation?

A: Co-variance: A co-variance is nothing but a descriptive measure of linear interaction intensity…

Q: How does Block Sampling compare to other sampling methods?

A: Block sampling is a sampling technique in auditing. Under this method, a series of items is selected…

Q: How does Sampling Risk compare to Non-Sampling Risk?

A: Risk:   It is a probability of the financial statements being materially incorrect even though the…

Q: What is the formula for Audit Sampling?

A: Audit sampling is selecting some part of population , subjecting it to some audit procedures and…

Q: Does the IRR analysis yield the results consistent with PW and other equivalence methods?

A: Yes, the IRR analysis gives the results consistent with PW analysis and Equivalence methods.

Q: the strengths o

A: Strengths of  scientific approach  Researchers employing survey methods to collect data enjoy a…

Q: What type of testing are ratios?

A: Ratio:   It is a number expressed in terms of another to establish a relationship among them.

Q: Distinguish between the terms sampling risk and nonsampling risk.

A: Introduction: The risk of sampling is that the conclusion based on a sample may differ from the…

Q: What is Audit Sampling?

A: Audit sampling is the use of an audit procedure which says that selection of some sample items from…

Q: coefficient of correlation is used to obtain what?

A: The correlation coefficient could be a measurable degree of the quality of the connection between…

Q: Explain Key Statistical Relationships between Covariance and Correlation of Returns?

A: Covariance:It is defined as the statistical relationship between stock prices of stock that vary…

Q: What is the meaning of “statistically significant” in relation to the null hypothesis?

A: Null hyptohesis is the assumption of no effect or no relationship between variables. The Null…

Q: What is multiple discriminant analysis?

A: Multiple discriminant analysis (MDA) is a statistical method used by many financial planners to…

Q: When variables sampling is used in the audit examination?

A:

Q: Probability samples versus nonprobability samples; also briefly define the types of valid…

A: Solution- Probability sampling- 1- probability sampling, respondents are randomly selected to take…

Q: What factors affect sample size?

A: Definition:   Sampling: Sampling allows an individual to obtain information about the population of…

Q: What do you mean by null hypothesis, how to test the hypothesis give the best examples?

A: In common parlance, hypothesis is an assumption regarding anything and that assumption is based on…

Q: Define monetary unit sampling and explain its importance inauditing. How does it combine the…

A:

Q: What is the relationship between Evidence and Detection Risk?

A: Detection risk is the risk that an auditor will not find a material misstatement in a client's…

Q: What are two potential tests that can be conductedto verify the CAPM? What are the results of…

A: The Capital Asset Pricing Model (CAPM) illustrates the connection between systematic risk and…

Q: What are the two major types of tests that have been performed totest the validity of the CAPM?…

A: Two major types of tests performed for the validity of CAPM : 1. Black, Jensen and scholes test,…

Q: Understand how to use sequential sampling,discovery sampling, and nonstatisticalsampling in…

A:

Q: Why "ollectivity of evidence" is "high" for "pliysicai examination" evidence?

A: The objectivity of evidence depends upon the viability of internal control, now the…

Q: Has the validity of the CAPM been confirmed through empirical tests?

A: Introduction: The model of capital asset pricing is a formula that determines the relation between…

Q: 1 Which of tha following statements is NOT a characteristie of quantitative research? A The results…

A: Quantitative research seems to be the process of collecting and analyzing numerical data. It might…

Q: Identify differences between the determination of sample size under classical variables samplingand…

A: Financial unit inspecting (MUS) is a factual examining strategy that is utilized to decide whether…

Q: When selecting a variables sampling approach, when should the audit team use MUS and when should it…

A: Old style factors examining permits you to choose and dissect a little subset of the records in a…