BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ANALYTICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Sampling Error is the difference between sample and the population that exist only because of observations that happened to be selected for the sample.
A
True
B
False
Explanation: 

Detailed explanation-1: -A sampling error occurs when the sample used in the study is not representative of the whole population. Sampling is an analysis performed by selecting a number of observations from a larger population.

Detailed explanation-2: -Sampling error refers to the difference between the sample and the population that exists only because of the observations that happened to be selected for the sample.

Detailed explanation-3: -The total error of the survey estimate results from the two types of error: sampling error, which arises when only a part of the population is used to represent the whole population; and. non-sampling error which can occur at any stage of a sample survey and can also occur with censuses.

Detailed explanation-4: -Sampling error This is because random samples are not identical to the population in terms of numerical measures like means and standard deviations.

Detailed explanation-5: -Expert-Verified Answer option a will be the right answer. it decreases as sample size increases.

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