Question
Which of the following best explains why sampling is
used in data analysis?Solution
Sampling is used in data analysis primarily to make the data collection process more manageable, especially when dealing with large datasets. Collecting data from an entire population can be expensive, time-consuming, and complex. Sampling allows analysts to select a subset of the population that represents the whole. By carefully choosing a sample that reflects the diversity and characteristics of the population, analysts can make accurate inferences without the need for complete data collection. Proper sampling techniques help reduce the complexity of data analysis while maintaining its reliability and validity. Why Other Options Are Incorrect: β’ A: Collecting all possible data points (census) is not always practical or necessary. Sampling provides a good approximation without needing to collect every data point. β’ C: Sampling still requires statistical testing to ensure that the sample is representative and that conclusions are valid. β’ D: A sample cannot guarantee 100% accuracy, but it can provide insights that are statistically significant. β’ E: Sampling does not inherently exclude irrelevant data; it focuses on a representative subset of the data.
Imputed value of family labour is included in the
The type of market, when there is only one buyer of the product present in the market, is called:
What is SNF in milk?
Which of the following is a maintainer line?
In maize crop, use of atrazine for weed control in maize has resulted in invasion of maize fields by _____
India got its first clean street food hub at
Which of the following correctly defines the "RotoDynamic Pumps"
What is eNAM?
The Headquarters of International Rice Research Institute is located at
Damping Off in Papaya is characterized by which of the following symptoms?