Sample Results Evaluation.
Required:
Review each of the following independent sets of conditions. For each condition, calculate the (1) sample rate of deviation, (2) ULRD and (3) allowance for sampling risk (n = sample size, d = deviations, ROO = risk of overreliance). What is your conclusion regarding the relationship of each of these factors to the ULRD based on comparing the ULRD across different combinations of these factors?
a. n = 60, d = 4, ROO = 5%.
b. n = 60, d = 6, ROO = 5%.
c. n = 60, d = 6, ROO = 10%.
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