# statistical sampling

- The selection of a
*****sample of data from a*****population using objective, statistical methodologies.*****Probability theory and*****random selection techniques are commonly used in statistical sampling, and properly designed statistical samples identify likely margins of error and*****sample risk. Auditors often rely on statistical sampling techniques to reach conclusions about a larger population of items. See also judgmental sampling and*****stratified sampling.

*Auditor's dictionary.
2014.*

### Look at other dictionaries:

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