BUISENESS MANAGEMENT
MARKET RESEARCH
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It is more accurate than asking the whole population
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It is more expensive than asking the whole population
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It gives everyone an equal chance of being questioned
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None 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: -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: -Random sampling is a technique in which each sample has an equal probability of being chosen. It attempts to achieve an unbiased representation of the total population.
Detailed explanation-4: -A sample chosen randomly is meant to be an unbiased representation of the total population. If for some reasons, the sample does not represent the population, the variation is called a sampling error. Description: Random sampling is one of the simplest forms of collecting data from the total population.