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There Are Many Kinds of Statistical Estimates That an Auditor

Question 29

Multiple Choice

There are many kinds of statistical estimates that an auditor may find useful, but basically every accounting estimate is either of a quantity or of an error rate. The statistical terms that roughly correspond to "quantities" and "error rate," respectively, are:


A) attributes and variables.
B) variables and attributes.
C) constants and attributes.
D) constants and variables.

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