In: Accounting
What is a sample? How do yo go about selecting one?
Sample is a method or ay to estimate characterstics of the whole population. It is cost effective and aster for measuring the entire population. A sample is a smaller version of larger group. A sample is an unbiased number of observations that is taken from a population. It is a portion, part or fraction off whole group.
In statistics, a sample data are collected from a population with a defined procedure. The elements of sample are nown as sampling. In other words sample means those things which are subject matter of conducting a research or study. Sample is the group of individuals who participate in the study. It is the represtntative part of large group as a resultget the information about the whole.
(b) There are various method of sampling , according to the research or study the respective methods are adopted. There is no proper or one method for conducting the research, it depends upon the situation. What is a sample? How do yo go about selecting one?
It depends upon the many factors.
- First set your objective, what type of study u are conducted?
- Identify the potential sampling methods that to achieve your goal
- Chhose the best alternative abillity to achieve the goal
- Study each and every aspect
- Identify potential sampling methods