How are the desired confidence level, the tolerable misstatement, and the expected misstatement related to sample size?
All Answers
total answers (1)
total answers (1)
Accounting
Relationship to Sample Size
Factors like desired confidence level, the tolerable misstatement, and the expected misstatement are related to sample size in the following way:
- Desired confidence level is directly related to sample size
- Tolerable misstatement is inversely related to sample size
- Expected misstatement is directly related to sample size
need an explanation for this answer? contact us directly to get an explanation for this answer