Accountants use stratified samples during audits to verify a company\'s records

Question

Accountants use stratified samples during audits to verify a company's records of such things as accounts receivable. The stratification is based on the dollar amount of the item and often includes 100% sampling of the largest items. One company reports 5000 accounts receivable. Of these, 100 are in amounts over $50,000; 500 are in amounts between $1000 and $50,000; and the remaining 4400 are in amounts under $1000. Using these groups as strata, you decide to verify all of the largest accounts and to sample 5% of the midsize accounts and 1% of the small accounts. How would you label the two strata from which you will sample?

midsize accounts    from 001 to _____

small accounts    from 0001 to ______

Explanation / Answer

its
001 to 500
0001 to 4400

Im doing exactly same question, its part of that question, if someone can answer this it would be great!

Use the random digits table, starting at line 115, to select the first 5 accounts from each of these strata. (Start with the midsize accounts before moving on to the small accounts. Do not return to the beginning of line 115 after completing the midsize accounts. Continue working through subsequent lines of the random digits table.

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