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What is the benefit of using statistical sampling versus nonstatistical sampling?

User Alxrb
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Statistical sampling: Uses laws of probability for selection and evaluation of a sample. Allows for quantification of audit risk and sufficiency of audit evidence. Nonstatistical sampling: Does not utilize statistical models in calcualtions. Uses a non-mathematical approach to determine sample sizes and evaluate the selected samples.
User Aman Deep Gautam
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