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Stratified sampling is ideal when a population includes distinct subgroups (or strata) that the analyst wants to represent proportionally. In this approach, the population is divided into strata based on shared characteristics, such as age, gender, or location. Samples are then randomly selected from each stratum in proportions that reflect the overall population composition. This method reduces sampling error and ensures that each subgroup is represented, which is critical when the characteristics of each subgroup may influence the research results, making stratified sampling especially valuable for studies aiming for diversity or representativeness. The other options are incorrect because: • Option 1 (simple random sampling) does not guarantee subgroup representation, as it draws randomly without stratification. • Option 2 (systematic sampling) may miss certain subgroups if not structured to account for strata. • Option 4 (cluster sampling) is more suited for geographic-based groupings rather than specific characteristics. • Option 5 (convenience sampling) lacks randomness and does not ensure any subgroup proportionality.
As per the KYC related guidelines given by RBI, which of the following is required for conducting V-CIP (Video-Based Customer Identification Process)?
Which of the following risks are associated with Banking Sector?
A Debenture of face value of Rs.500 is currently quoting at Rs.530. The duration of the debenture is 3 years. The market interest rates moved from 4.5%...
Which of the following Statements is/are True?
I- AT-1 bonds are a type of unsecured, perpetual bonds.
II- The return on AT-1 bonds is u...
_______ is the entit y that was formed to identify and check fraudulent activity in lending transactions against equitable mortgages .
What will be the impact on the portfolio’s systematic risk with the increase in the number of stocks in a portfolio?
The price of a forward or futures contract:
Which of the following best describes the primary role of the Central KYC Records Registry (CKYCR)?
Which of the following is identified as “ beneficial owner” for a company , u nder the RBI’s KYC guidelines ?
Which of the following statement concerning credit risk is incorrect?