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Which of the following is an accurate statement regarding sampling​ distribution? A. Each population exception rate...

Which of the following is an accurate statement regarding sampling​ distribution?

A.

Each population exception rate and sample size has the same sampling distribution.

B.

Sampling distributions allow the auditor to make probability statements about the likely representativeness of any sample that is in the distribution.

C.

Auditors cannot use sampling distributions to draw statistical conclusions about the unknown population being sampled.

D.

A sampling distribution is a sample with characteristics the same as those of the population.

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Answer #1

Answer is B.

Sampling distributions allow the auditor to make probability statements about the likely representativeness of any sample that is in the distribution.

Auditor takes help of sampling distribution to make opinion on the statements, sample selected represents the population covered

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