Sampling
Sampling
TMSL
Prof. Sweta
Population
• The population refers to the entire group of people, events, or things of interest for
investigation.
• It is the group of people, events, or things of interest for which the researcher wants to
make inferences
Element
• An element is a single member of the population.
Sample
• A sample is a subset of the population.
• It comprises some members selected from it.
• In other words, some, but not all, elements of the population forms the sample.
Sampling Unit
• The sampling unit is the element or set of elements available for selection at some stage of
the sampling process.
• Examples of sampling units are city blocks, households, and individuals within the
households
Population and Sample
• When we sample, the sampling units (employees, consumers, etc.) provide responses
• For instance, a consumer responding to a survey question may give a response of “3”
• When we examine the responses that we get for our entire sample, we make use of statistics
• There is a wide variety of statistics we can use, such as the mean, the median, or the mode
• The reason we sample, however, is that we are interested in the characteristics of the
population we sample from
• If we study the entire population and calculate the mean or the standard deviation, then we
don’t refer to this as a statistic. Instead, we call it a parameter of the population.
Population and Sample
• The characteristics of the population such as μ (the population mean), σ (the population
standard deviation), and σ2 (the population variance) are referred to as its parameters
• The central tendencies, the dispersions, and other statistics in the sample of interest to the
research are treated as approximations of the central tendencies, dispersions, and other
parameters of the population
• As such, all conclusions about the sample under study are generalized to the population
• In other words, the sample statistics – X (the sample mean), S (the standard deviation), and
S2 (the variation in the sample) – are used as estimates of the population parameters
Statistics Symbols
Statistics Population Sample
Mean = μ X
Variance σ² S²
Standard Deviation σ S
Normality of Distributions
• Attributes or characteristics of the population are generally normally distributed.
• As the sample size n increases, the means of the random samples taken from
practically any population approach a normal distribution
Sampling Process
• Sampling is the process of selecting a sufficient number of the right
elements from the population
• A 95% confidence is the conventionally accepted level for most business research, most commonly
expressed by denoting the significance level as p ≤ 0.05.
• In other words, we say that at least 95 times out of 100, our estimate will reflect the true population
characteristic.
• However, if the sample size (n) cannot be increased, for whatever reason –
say, we cannot afford the costs of increased sampling – then, with the same
n, the only way to maintain the same level of precision is to forsake the
confidence with which we can predict our estimates.
• That is, we reduce the confidence level or the certainty of our estimate.