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In: Economics

What are different types of sampling in bussiness research method? Briefly

What are different types of sampling in bussiness research method?
Briefly

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Answer

Different types of sampling in bussiness research method are as follows:

1. Simple random sampling
In a simple random sample, every member of the population has an equal chance of being selected. Your sampling frame should include the whole population. To conduct this type of sampling, you can use tools like random number generators or other techniques that are based entirely on chance.

2. Systematic sampling
Systematic sampling is similar to simple random sampling, but it is usually slightly easier to conduct. Every member of the population is listed with a number, but instead of randomly generating numbers, individuals are chosen at regular intervals.

3. Stratified sampling
This sampling method is appropriate when the population has mixed characteristics, and you want to ensure that every characteristic is proportionally represented in the sample. You divide the population into subgroups (called strata) based on the relevant characteristic (e.g. gender, age range, income bracket, job role).

From the overall proportions of the population, you calculate how many people should be sampled from each subgroup. Then you use random or systematic sampling to select a sample from each subgroup.

4. Cluster sampling
Cluster sampling also involves dividing the population into subgroups, but each subgroup should have similar characteristics to the whole sample. Instead of sampling individuals from each subgroup, you randomly select entire subgroups.

If it is practically possible, you might include every individual from each sampled cluster. If the clusters themselves are large, you can also sample individuals from within each cluster using one of the techniques above.


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