From: Stan Hilliard
Date: 09 Apr 2000
Time: 01:05:04
Greetings Gregg,
You said:
> Is it acceptable to use sampling
> to chargeback money to businesses
> based on the use of sampling as
> opposed to charging back money
> only on documentation reviewed?
ACCEPTABILITY: In my opinion, sampling can be an acceptable and efficient way to estimate population errors for chargeback (or chargeforward) of money -- if it is done properly. The important aspect of sampling is that it determines an accurate and precise estimate of the amount due.
Sincerely, Stan Hilliard