Tolerable rate, population deviation rate, allowance

  • Creator
    Topic
  • November 15, 2014 at 3:47 pm #190071
    Anonymous
    Inactive

    Is there a relationship between Tolerable rate, expected population deviation rate, and allowance for sampling risk, such as A + B = C?

Viewing 2 replies - 1 through 2 (of 2 total)
  • Author
    Replies
  • November 15, 2014 at 4:01 pm #618531
    Anonymous
    Inactive

    yes, your expected population rate + your allowance = maximum population deviation rate and if that is less then your tolerable rate design and operation of the internal control is effective

    NCSU has a good summary: https://www4.ncsu.edu/unity/users/b/buckless/www/AUSection350.html

    November 15, 2014 at 4:06 pm #618532
    Anonymous
    Inactive

    Cool, thanks.

  • Author
    Replies
Viewing 2 replies - 1 through 2 (of 2 total)
  • The topic ‘Tolerable rate, population deviation rate, allowance’ is closed to new replies.