When auditing a company, auditors use a combination of professional judgment and statistical sampling methods to estimate account balances. Statistical sampling is an efficient way to design samples, ...

This program opens opportunities in enhancing statistical skills for validation projects, focusing on variance, sample distributions, and process capability, which are crucial for setting acceptance ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Gordon Scott has been an active investor and technical analyst or 20+ years. He ...

In a September 28, 2018 Change Request to Medicare’s Program Integrity Manual (“PIM”), the Centers for Medicare & Medicaid Services (“CMS”) updated its instructions to Medicare contractors regarding ...

After waiting over a year to hear what the Fourth Circuit would say about statistical sampling in False Claims Act cases, the court of appeals recently chose to keep us in suspense. Despite initially ...

here is very good news for CPAs whose clients face the often burdensome administrative costs of claiming allowable expense deductions for meals and entertainment (M&E)—the IRS now will permit the use ...

If no other sources are available to measure certain variables of a target population, Statistics Netherlands often uses a random sample, i.e. a sample of units from the population drawn in accordance ...

The following sample plan of study fulfills the M.S. degree in Computational Operations Research, pending final approval from the State Council on Higher Education in Virginia, with an emphasis on ...