Skip to main content

Analysing the independence hypothesis in models for rare errors: an application to auditing

Buy Article:

$51.00 plus tax (Refund Policy)



Populations where items are error free are found in many areas of applied statistics, such as auditing and actuarial science. Decisions are then made by inferring the total error in a population. This parameter is usually modelled by two parametric structures under the assumption of prior independence. This paper explores the usefulness of robust Bayesian techniques in the setting of an applied problem. The results reveal a dramatic lack of robustness with regard to the independence hypothesis.

Keywords: Auditing; Bayesian robustness; Independence; Linearization algorithm; Rare errors

Document Type: Research Article


Affiliations: 1: Universidad de Las Palmas de Gran Canaria, Spain 2: University of Granada, Spain

Publication date: 2005-08-01

  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more