A. Specify the statistical universe's impact on the management's choice of the sample.
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The statistical universe's of the sample.
Explanation:
- The study of relationships between a population and samples chosen from that population is known as sampling theory.
- Only random samples are applicable to sampling theory.
- For this purpose, a population or universe can be defined as a collection of entities that have a common characteristic or traits.
- To put it another way, a universe is the entire collection of things about which knowledge is sought.
- It's possible that the cosmos is finite or limitless.
- The term "infinite universe" refers to a universe that has a defined and known number of items, yet the number of items is unknown and unlimited.
- Similarly, the universe could be fictitious or real.
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