METHODS OF DATA COLLECTION
CONCEPT OF SAMPLING AND OTHER CONCEPTS RELATED TO SAMPLING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To estimate the total amount of unpaid balances of their customers, a convenience store selected using the lottery method 100 customers from their list of charge accounts.
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Systematic sampling
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Stratified sampling
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Simple random sampling
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Cluster Sampling
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Explanation:
Detailed explanation-1: -If there are N units in the population and n units are to be selected, then R = N/n (the R is known as the sampling interval). The first number is selected at random out of the remainder of this R (Sampling Interval) to the previous selected number.
Detailed explanation-2: -STEP ONE: Define the population. STEP TWO: Choose your sample size. STEP THREE: List the population. STEP FOUR: Assign numbers to the units. STEP FIVE: Find random numbers. STEP SIX: Select your sample.
There is 1 question to complete.