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This method is sometimes called PPS-sequential or monetary unit sampling in the case of audits or forensic sampling. Example: Suppose we have six schools with populations of 150, 180, 200, 220, 260, and 490 students respectively (total 1500 students), and we want to use student population as the basis for a PPS sample of size three.
In statistics, a population is a set of similar items or events which is of interest for some question or experiment. [1] [2] A statistical population can be a group of existing objects (e.g. the set of all stars within the Milky Way galaxy) or a hypothetical and potentially infinite group of objects conceived as a generalization from experience (e.g. the set of all possible hands in a game of ...
However, this does not guarantee that a particular sample is a perfect representation of the population. Simple random sampling merely allows one to draw externally valid conclusions about the entire population based on the sample. The concept can be extended when the population is a geographic area. [4] In this case, area sampling frames are ...
The sample size is an important feature of any empirical study in which the goal is to make inferences about a population from a sample. In practice, the sample size used in a study is usually determined based on the cost, time, or convenience of collecting the data, and the need for it to offer sufficient statistical power. In complex studies ...
This type of sampling is common in non-probability market research surveys. Convenience Samples: The sample is composed of whatever persons can be most easily accessed to fill out the survey. In non-probability samples the relationship between the target population and the survey sample is immeasurable and potential bias is unknowable.
To use a sample as a guide to an entire population, it is important that it truly represents the overall population. Representative sampling assures that inferences and conclusions can safely extend from the sample to the population as a whole. A major problem lies in determining the extent that the sample chosen is actually representative.
Sample design is also a critical component of marketing research and employee research for many organizations. During sample design, firms must answer questions such as: What is the relevant population, sampling frame, and sampling unit?
In statistics, a sampling distribution or finite-sample distribution is the probability distribution of a given random-sample-based statistic.If an arbitrarily large number of samples, each involving multiple observations (data points), were separately used to compute one value of a statistic (such as, for example, the sample mean or sample variance) for each sample, then the sampling ...