C=0 Sampling Plans and Confidence Level (Power?)
Posted: 25 Jun 2018, 04:07Hi,
I am working with our finance group on a testing plan for our financial controls (Sarbanes-Oxley related) and we are looking at using the C=0 Sampling Plans table to determine our sample size for these various tests. The question I have been asked is “what is the confidence level (power?) of these kinds of sampling plans”? I have searched the isixsigma site and have found many threads on this topic but have not found anything about relating them to a confidence level (power?). Can anyone provide help with answering this question?
Please help.
I didn't find the right solution from the Internet.
References:-
https://www.isixsigma.com/topic/c0-samp ... vel-power/
Cashless payment Video
Thanks!
I am working with our finance group on a testing plan for our financial controls (Sarbanes-Oxley related) and we are looking at using the C=0 Sampling Plans table to determine our sample size for these various tests. The question I have been asked is “what is the confidence level (power?) of these kinds of sampling plans”? I have searched the isixsigma site and have found many threads on this topic but have not found anything about relating them to a confidence level (power?). Can anyone provide help with answering this question?
Please help.
I didn't find the right solution from the Internet.
References:-
https://www.isixsigma.com/topic/c0-samp ... vel-power/
Cashless payment Video
Thanks!