Economy, asked by jatin8761, 6 months ago

define sample method​

Answers

Answered by ppm3515
7

Answer:

Sampling is a process used in statistical analysis in which a predetermined number of observations are taken from a larger population. The methodology used to sample from a larger population depends on the type of analysis being performed, but it may include simple random sampling or systematic sampling.

Answered by Anonymous
21

Sampling is a process used in statistical analysis in which a predetermined number of observations are taken from a larger population. The methodology used to sample from a larger population depends on the type of analysis being performed, but it may include simple random sampling or systematic sampling.Businesses aim to sell their products and/or services to target markets. Before presenting products to the market, companies generally identify the needs and wants of their target audience. To do so, they may employ sampling of the target market population to gain a better understanding of those needs to later create a product and/or service that meets those needs. In this case, gathering the opinions of the sample helps to identify the needs of the whole.

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