Q: We frequently need to select samples of populations for test of transaction work when auditing or reviewing client financial data. Currently, each staff member uses his or her own sampling method, ...

Katie has a PhD in maths, specializing in the intersection of dynamical systems and number theory. She reports on topics from maths and history to society and animals. Katie has a PhD in maths, ...

Create an rng object with np.random.default_rng(), you can seed it for reproducible results. You can draw samples from probability distributions, including from the binomial and normal distributions.

Randomness is incredibly useful. People often draw straws, throw dice or flip coins to make fair choices. Random numbers can enable auditors to make completely unbiased selections. Randomness is also ...