BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Using the lottery method is one of the oldest ways and is a mechanical example of random sampling. In this method, the researcher gives each member of the population a number.

Detailed explanation-2: -With a lottery method, each member of the population is assigned a number, after which numbers are selected at random. An example of a simple random sample would be the names of 25 employees being chosen out of a hat from a company of 250 employees.

Detailed explanation-3: -When Is It Best to Use Simple Random Sampling? It’s always a good idea to use simple random sampling when you have smaller data sets to study. This allows you to produce better results that are more representative of the overall population.

Detailed explanation-4: -Simple random sampling is a process in which a number is assigned to every participant within the population. Then participants for the research are picked in random order. This process gives every participant an equal probability of being selected.

Detailed explanation-5: -A sample is known as a simple random sample when each subject in the population has equal chance of being selected.