Economy, asked by llhriatkimiboitlung, 7 months ago

explain the meaning of sample what are its advantage and disadvantage​

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Answered by Anonymous
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Answer:

A sample refers to a smaller, manageable version of a larger group. It is a subset containing the characteristics of a larger population. Samples are used in statistical testing when population sizes are too large for the test to include all possible members or observations.

Disadvantages of Sampling

Since choice of sampling method is a judgmental task, there exist chances of biasness as per the mindset of the person who chooses it. Improper selection of sampling techniques may cause the whole process to defunct. Selection of proper size of samples is a difficult job.

Advantage of Sample

Major advantages include its simplicity and lack of bias. Among the disadvantages are difficulty gaining access to a list of a larger population, time, costs, and that bias can still occur under certain circumstances.

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