Attribute Sampling (Chapter 9)

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Description and Tags

What it’s for: Tests of Controls (evaluating whether a control is operating effectively, measured in percentages/yes-no rates).

8 Terms

1
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Sample Deviation Rate

Sample Deviation Rate = Number of Deviations ÷ Sample Size

2
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Computed Upper Deviation Rate (CUDR)

CUDR = Sample Deviation Rate + Allowance for Sampling Risk (obtained from statistical tables)

3
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Allowance for Sampling Risk

Allowance for Sampling Risk = Computed Upper Deviation Rate (CUDR) − Sample Deviation Rate

4
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Control can be relied upon if…

CUDR ≤ Tolerable Deviation Rate

5
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Control cannot be relied upon…

CUDR > Tolerable Deviation Rate

6
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Factor: Confidence ↑

Sample Size ↑

7
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Factor: Expected Deviation ↑

Sample Size ↑

8
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Factor: Tolerable Deviation ↑

Sample Size ↓