What are the main advantages of statistical sampling properly applied over judgmental sampling?

Auditing and Assurance Revision Questions and Answers

The advantages of statistical techniques, properly applied, over judgment sampling are;
 Conclusions about the total population can be stated with a known confidence and precision;
 Sample size is objectively determined;
 Time and money may be saved limiting size to that required to achieve a given result.
For the reasons, whenever the size and homogeneity of the group to be checked permits, statistical sampling is generally to be preferred to judgment sampling.

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