STATISTICAL TECHNIQUES AND TOOLS
SAMPLING DISTRIBUTION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Finite
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Infinite
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Discrete
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Continuous
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Detailed explanation-1: -The finite population is also known as a countable population in which the population can be counted. In other words, it is defined as the population of all the individuals or objects that are finite. For statistical analysis, the finite population is more advantageous than the infinite population.
Detailed explanation-2: -Finite population refers to the population that can be ascertained easily i.e. they are not unlimited in size. Example of finite population : the books in a library, as it can be calculated easily and the cars in a town.
Detailed explanation-3: -If a set has an unlimited number of elements, it is infinite, and if the elements are countable, it is finite.
Detailed explanation-4: -Probability sampling is a scientific tool for obtaining a representative sample from a tar-get finite population.