sampling risk

The *risk that a *sample of data does not accurately represent the *population from which it has been extracted. In auditing, incorrect conclusions and *audit opinions can result from sampling risk.

Auditor's dictionary. 2014.

Look at other dictionaries:

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  • statistical sampling — The use of random selection and probability theory to determine the size of a sample and to evaluate the results using this sample. Statistical sampling provides a measure of the sampling risk to assist an auditor to draw conclusions on the total …   Accounting dictionary

  • Chorionic villus sampling — Intervention Model of human embryo 1.3 mm. long. (Villi of chorion labeled at lower right.) ICD 10 PCS 16603 00 …   Wikipedia

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