OBJECTIVE FORESTRY

FORESTRY

AGRICULTURAL STATISTICS AND ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How sample method is differ from census method on the basis of cost?
A
Sample method enssures the correctness of the data
B
Census is less time consuming
C
It is less expensive
D
It is suitable when universe comprises of homogeneous nature
Explanation: 

Detailed explanation-1: -Census, is a very time-consuming method of survey, whereas, in the case of sampling, the survey does not take much time. The census method requires high capital investment as it involves the research and collection of all the values of the population. Unlike sampling which is a comparatively economical method.

Detailed explanation-2: -Mailed questionnaires is a very cheap or economical method as it is very easy to gather information through this as one can easily send emails to its target sample and also it is a cost-efficient method.

Detailed explanation-3: -While a census is an attempt to gather information about every member of the population, sampling gathers information only about a part, the sample, to represent the whole. Because a sample is only part of the popula-tion, we can study it more extensively than we can all of the members of the population.

There is 1 question to complete.