the effect of the current on our markets as well as The population of the countary . example collecting Data, information, statistic . (5-6 page )
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Answer:
Probability sampling refers to the selection of a sample from a population, when this selection is based on the principle of randomization, that is, random selection or chance. Probability sampling is more complex, more time-consuming and usually more costly than non-probability sampling. However, because units from the population are randomly selected and each unit’s selection probability can be calculated, reliable estimates can be produced and statistical inferences can be made about the population.
There are several different ways in which a probability sample can be selected.
When choosing a probability sample design, the goal is to minimize the sampling error of the estimates for the most important survey variables, while simultaneously minimizing the time and cost of conducting the survey. Some operational constraints can also have an impact on that choice, such as characteristics of the survey frame.
In the present section, each of these methods will be described briefly and illustrated with examples.
Simple random sampling
In simple random sampling (SRS), each sampling unit of a population has an equal chance of being included in the sample. Consequently, each possible sample also has an equal chance of being selected. To select a simple random sample, you need to list all of the units in the survey population.