Question
Which of the following is an example of non-random
sampling?Solution
Non-random sampling involves methods where not every individual has an equal chance of being selected. In this case, choosing all students from one class is an example of convenience sampling, a type of non-random sampling. This approach is often faster and easier but can introduce bias, as the sample may not represent the broader population. For instance, a single class might share similar characteristics that don’t reflect the diversity of the entire student body. Why Other Options Are Wrong : A) Systematic sampling is random, as every 10th customer is chosen systematically but without bias. B) Random number generation ensures random selection. D) Stratified sampling is a random technique that ensures proportional representation. E) A random number table is a classical random sampling method.
A company has an actual sales of ₹25 crore vs. a budget of ₹30 crore. Costs were below budget by ₹2 crore. What does this imply?
UPI stands for ________.
What is required for conducting V-CIP (Video-Based Customer Identification Process)?
As per Union Budget 2025-26, what is the estimated gross market borrowings for the financial year 2025-26?
What is the primary function of the Securities and Exchange Board of India (SEBI)?
According to the Net Income Approach, what happens to the firm’s value as debt increases?
What is the main focus of Railtel Corporation of India?
According to the Economic Survey 2024-25 , what was the global GDP growth rate in 2023, and what are the projected growth rates for 2024 and 2025?
The policy of "anticipating no profits and providing for all possible losses" arises due to:
The depreciation of assets is computed on their: