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?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.
The ‘Pulitzer Prize’ is associated with:
Banj (Oaks) and Chestnuts are the predominant species of which of the following vegetation zones?
Central government launch Swachh Vayu Sarvekshan as part of National Clean Air Programme (NCAP), It may help to reduce air pollution up to 40 per cent b...
Which Russian Cosmonaut holds the record for the longest spaceflight overall?
Kodava Hockey Festival is held in ________.
Based on the Tendulkar committee, the National poverty line was defined as which of the following?
i. ₹816 per capita per month for rural areas...
Ethanoic acid is a synonym for which acidic liquid is used in kitchens around the world as a basic seasoning in the preparation and cooking of certain f...
Prime Minister Narendra Modi was honoured with which award in 2019 by Bill and Melinda Gates Foundation for this leadership and commitment to improve ...
In the 4th edition of the Ranking of States on Support to Startup Ecosystems, which state was recognized as the "Best Performer" in Category B (States a...
In which Five-Year Plan were Removal of Poverty (Garibi Hatao) and Self-Reliance declared as major plan objectives?Â