When there are multiple transactions, activities processed by large firms, it gets difficult for them to check the accuracy and quality of those data sets because it is almost impossible to monitor each transactions/activity when it comes to large data sets. Hence Data analyst uses the method of Random Sampling and they pick few data samples as per their policy and perform the audits for them.
This helps the business to know the direction and gives the inferences about the population/data sets however Random sampling should be done by automated software or it should be logical as random sampling can be biased because of the human behavior.
So Excelsirji is going to help you with this free automated utility which is easy to download on any Windows based system
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