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What is a Simple Random Sample?

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munna99185:
A simple random sample is a subset of a statistical population in which each member of the subset has an equal probability of being chosen. A simple random sample is meant to be an unbiased representation of a group. An example of a simple random sample would be a group of 25 employees chosen out of a hat from a company of 250 employees. In this case, the population is all 250 employees, and the sample is random because each employee has an equal chance of being chosen.
[Source: http://www.investopedia.com/terms/s/simple-random-sample.asp]

Sayed Farrukh Ahmed
Assistant Professor
Faculty of Business & Economics
Daffodil International University

Nusrat Nargis:
good one.

Raisa:
Thanks for this post.

Shah Alam Kabir Pramanik:
Thanks for Sharing

Showrav.Yazdani:
Thanks for sharing.
Regards,
Showrav
Lecturer
Dept. of Business Administration

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