Stratified mean-per-unit sampling is a key tool used by auditors. The popularity of this statistical procedure arises from its unique ability to produce trustworthy ...

Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a writer and editor. Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of ...

verybody has a favorite color and season—preferences that seem innate, always defying reason. Auditors are no different when it comes to haphazard sampling, a process in which—ideally—they choose ...

Melissa Horton is a financial literacy professional. She has 10+ years of experience in the financial services and planning industry. Robert Kelly is managing director of XTS Energy LLC, and has more ...

If you specify the option METHOD=SEQ and do not include a SIZE statement, PROC SURVEYSELECT uses the equal probability version of Chromy's method for sequential random sampling. This method selects ...

Sampling is a tool researchers use for marketing, sociology or empirical study. In order for sampling to be productive, the data analysis must not be tainted. There are techniques for creating a ...