aas 15
This query is : Resolved
24 March 2009
diff b/w stratified sampling & random sampling?
24 March 2009
Hi Arun,
Random sampling and stratified sampling both are probability sampling methods, i.e., each element of the population being sampled has an equal chance of being included in the sample.
Random Sampling - In auditing, this method uses sampling without replacement; that is, once an item has been selected for testing it is removed from the population and is not subject to re-selection. An auditor can implement simple random sampling in one of two ways: computer programs or random number tables.
Stratified Sampling - This method provides for the selection of sample items by breaking the population down into stratas, or clusters. Each strata is then treated separately. An example of cluster sampling is the inclusion in the sample of all remittances or cash disbursements for a particular month. If blocks of homogeneous samples are selected, the sample will be biased.
I hope this helps!
Random sampling and stratified sampling both are probability sampling methods, i.e., each element of the population being sampled has an equal chance of being included in the sample.
Random Sampling - In auditing, this method uses sampling without replacement; that is, once an item has been selected for testing it is removed from the population and is not subject to re-selection. An auditor can implement simple random sampling in one of two ways: computer programs or random number tables.
Stratified Sampling - This method provides for the selection of sample items by breaking the population down into stratas, or clusters. Each strata is then treated separately. An example of cluster sampling is the inclusion in the sample of all remittances or cash disbursements for a particular month. If blocks of homogeneous samples are selected, the sample will be biased.
I hope this helps!
24 March 2009
Hi Arun,
Random sampling and stratified sampling both are probability sampling methods, i.e., each element of the population being sampled has an equal chance of being included in the sample.
Random Sampling - In auditing, this method uses sampling without replacement; that is, once an item has been selected for testing it is removed from the population and is not subject to re-selection. An auditor can implement simple random sampling in one of two ways: computer programs or random number tables.
Stratified Sampling - This method provides for the selection of sample items by breaking the population down into stratas, or clusters. Each strata is then treated separately. An example of cluster sampling is the inclusion in the sample of all remittances or cash disbursements for a particular month. If blocks of homogeneous samples are selected, the sample will be biased.
I hope this helps!
Random sampling and stratified sampling both are probability sampling methods, i.e., each element of the population being sampled has an equal chance of being included in the sample.
Random Sampling - In auditing, this method uses sampling without replacement; that is, once an item has been selected for testing it is removed from the population and is not subject to re-selection. An auditor can implement simple random sampling in one of two ways: computer programs or random number tables.
Stratified Sampling - This method provides for the selection of sample items by breaking the population down into stratas, or clusters. Each strata is then treated separately. An example of cluster sampling is the inclusion in the sample of all remittances or cash disbursements for a particular month. If blocks of homogeneous samples are selected, the sample will be biased.
I hope this helps!
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- TDS on Consultancy- Non DTAA
- EPF FULL & FINAL RULES IN 2026
- Management System (IMS)
- Condonation . E-Verification of last year return .
- Rental income gst and it purpose
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Eway bill generation from place other than registeted
- FTS Taxable under 115A
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
