New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    A data analyst is tasked with evaluating customer

    feedback from a population of 1,000,000 survey responses. Why is sampling an essential technique in this scenario?
    A To ensure every survey response is analyzed. Correct Answer Incorrect Answer
    B To speed up the analysis process and make it manageable Correct Answer Incorrect Answer
    C To avoid errors in data collection entirely Correct Answer Incorrect Answer
    D To guarantee results are 100% representative of the population Correct Answer Incorrect Answer
    E To eliminate the need for data validation. Correct Answer Incorrect Answer

    Solution

    Sampling is crucial for making data analysis feasible in large datasets. Instead of analyzing all 1,000,000 responses, which is resource-intensive, a representative sample can be selected to draw meaningful conclusions. Sampling reduces complexity and costs while maintaining accuracy if the sample is well-chosen. For example, in customer feedback analysis, stratified sampling might be used to include responses across diverse demographics, ensuring the sample reflects the population's diversity. This allows timely, actionable insights without overloading resources. Why Other Options Are Wrong : A) Sampling doesn’t aim to analyze every data point; it focuses on representative subsets. C) Sampling can reduce errors but doesn’t eliminate them entirely, especially if biased. D) While sampling strives for representativeness, it cannot always guarantee 100% accuracy. E) Data validation remains necessary even in sampled datasets to ensure quality.

    Practice Next