BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Example: Suppose a supermarket wants to study their customers’ buying habits. With systematic random sampling, they can choose every 10th or 15th customer entering the supermarket. Then, they can conduct the study on this sample.

Detailed explanation-2: -Random sampling Simple random sampling is the most basic form of probability sampling. It involves just one step, and each survey subject is selected independently from the other members of the population or sample frame.

Detailed explanation-3: -Convenience sampling occurs where a survey is posted on a website and all visitors to that site are invited to respond, or when an invitation to participate is circulated via, for example, online lists or Twitter.

Detailed explanation-4: -Each of the students is surveyed, and all of them have an equal probability of being chosen in the sample. Data is collected from all of them and their number of credit cards recorded. Hence, Simple random sampling is the appropriate sampling technique used here.

Detailed explanation-5: -Writing the name of the students on paper and drawing them from a hat will be the ideal process for the random sampling as there is an equal chance for each student to be selected randomly.