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In: Statistics and Probability

Srawberry international wishes to conduct a research study using their employees as key participants. The organisation...

Srawberry international wishes to conduct a research study using their employees as key participants. The organisation maintains a global footprint and employes over 25000 employees at several branches worldwide. Discuss whyt sampling such a population is necessary?. critically analyse the principles of simple random samplimg .

Please not this question is for business reasch. this subject is not listed on the list of subnjects

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Expert Solution

The goal for many research projects is to know more about your objective, i.e., your population. This is what you are interested in.

One important objective of statistics is to make inferences about a population from the information contained in a sample.

Sampling is used in practice for a variety of reasons such as:

  1. Sampling can save time and money. A sample study is usually less expensive than a census study and produces results at a relatively faster speed.
  2. Sampling may enable more accurate measurements for a sample study is generally conducted by trained and experienced investigators.
  3. Sampling remains the only way when population contains infinitely many members.
  4. Sampling remains the only choice when a test involves the destruction of the item under study.
  5. Sampling usually enables to estimate the sampling errors and, thus, assists in obtaining information concerning some characteristic of the population.

Simple random sample: Each unit in the population is identified, and each unit has an equal chance of being in the sample. The selection of each unit is independent of the selection of every other unit. Selection of one unit does not affect the chances of any other unit.

The advantages of a simple random sample include its ease of use and its accurate representation of the larger population.


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