Home > Term: Allowance for sampling risk
Allowance for sampling risk
The difference between a sample estimate and the projected population characteristic at a specified sampling risk. This allowance is also the difference between the expected error rate and the tolerable deviation rate.
- Part of Speech: noun
- Industry/Domain: Accounting
- Category: Auditing
- Company: AIS
0
Creator
- Harry8L
- 100% positive feedback
(London, United Kingdom)