BUSINESS ADMINISTRATION
RESEARCH METHODOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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1. Reasonably accurate
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2. An economical method of data collection
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3. Free from personal biases
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4. All of the above
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Detailed explanation-1: -Random sampling ensures that results obtained from your sample should approximate what would have been obtained if the entire population had been measured (Shadish et al., 2002). The simplest random sample allows all the units in the population to have an equal chance of being selected.
Detailed explanation-2: -The advantages of a simple random sample include its ease of use and its accurate representation of the larger population. In this method, all the units of the sample have equal chance of selection. It is an unbiased method of selection. Selection of a unit cannot affect the selection of another unit.
Detailed explanation-3: -The random sampling method is the sampling method, in which each item in the population has an equal chance of being selected in the sample. Hence, this method is also called the method of chance sampling.
Detailed explanation-4: -Random sampling is also called: Probability sampling.