BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -In the random number method, you assign every individual a number. By using a random number generator or random number tables, you then randomly pick a subset of the population. You can also use the random number function (RAND) in Microsoft Excel to generate random numbers.

Detailed explanation-2: -A simple random sample is meant to be an unbiased representation of a group. It is considered a fair way to select a sample from a larger population since every member of the population has an equal chance of getting selected.

Detailed explanation-3: -Using a Random Number Table. One of the most convenient ways of creating a simple random sample is to use a random number table. These are commonly found at the back of textbooks on the topics of statistics or research methods. Most random number tables will have as many as 10, 000 random numbers.

Detailed explanation-4: -The minimum sample size is 100 Most statisticians agree that the minimum sample size to get any kind of meaningful result is 100. If your population is less than 100 then you really need to survey all of them.