The “cum√f method” is a generally accepted statistical method to construct strata boundaries and has been widely used for decades in audit sampling. Even with this historical use and the abundance of statistical literature on design methods, there is little guidance on determining the appropriate intervals widths.
Join the Ryan LLC Audit Sampling Team to explore the existing industry recommendations, determine their statistical impact, and conclude on their effect.
American Statistical Association732 North Washington StreetAlexandria, VA 22314-1943Email: asainfo@amstat.orgPhone: (703) 684-1221
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