Gemayel, Nader; Stasny, Elizabeth; Tackett, James; … - In: Review of Quantitative Finance and Accounting 39 (2012) 4, pp. 413-422
This study compares the statistical precision of simple random sampling with balanced ranked set sampling in an … those standard errors are then compared to the corresponding standard error achieved under simple random sampling. Results … sampling. This implies that simple random sampling is inferior to ranked set sampling in auditing scenarios involving the …