1.       therequired usage of judgment in nonstatistical sampling.

2.       theelimination of nonsampling hazard with statistical sampling.

3.       theuse of the legislations of probability in statistics sampling to identify sample sizeand develop a confidence interval about the results of the sample.

4.       thatmore representative samples space attained v statistical sampling


Jun 11 2021 11:27 AM

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MD Aanswered top top June 13, 2021
5Ratings,(13 Votes)
The difference between the two species of sampling is the the sampling danger of a statistical arrangement can be measured and also controlled, while also a perfect designed nonstatistical plan cannot provide for the measure of sampling risk.

You are watching: Explain the major difference between statistical and nonstatistical sampling

 

The auditor have to use experienced judgment to assess audit risk and also establish appropriate procedures because that the transactions and accounts tested. ... Non-statistical sampling does not permit quantification of risk, leaving large margin the interpretation, exposing the auditor come a high threat of...
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