Daffodil International University
Faculties and Departments => Business & Entrepreneurship => Business Administration => Topic started by: munna99185 on April 13, 2016, 10:28:24 AM
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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
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good one.
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Thanks for this post.
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Thanks for Sharing
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Thanks for sharing.
Regards,
Showrav
Lecturer
Dept. of Business Administration
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thanks for sharing
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In simple random sampling, if population is 250, then minimum sample size suppose to be 152 with 5% margin of error.
For random sampling , researchers should focus on this formula and the table available in those documents.
http://home.kku.ac.th/sompong/guest_speaker/KrejcieandMorgan_article.pdf
or
http://www.quirks.com/articles/2006/20061209.aspx
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Thanks for sharing sir.
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Knowledgeable post.
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Informative post.Thanks for sharing.
Shahana kabir
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thanks for sharing