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The primary difference between random sampling and non-random sampling is that random sampling gives every individual in the population an equal probability of being selected, which helps reduce bias and ensures that the sample is representative of the population. In contrast, non-random sampling, such as convenience or judgmental sampling, does not guarantee an equal chance for all members of the population to be selected. This can lead to bias, where certain individuals or groups are overrepresented or underrepresented. Random sampling is a core technique in probability-based sampling methods, making it more reliable for making generalizations about the population. The other options are incorrect because: • Option 2 (Size of the population) is incorrect. Both types of sampling can be used in small or large populations, though random sampling is generally more reliable in large populations. • Option 3 (Cost comparison) is not true. Random sampling can be more expensive due to its complexity in implementation. • Option 4 (Reliability) is incorrect as random sampling tends to produce more reliable results due to reduced bias. • Option 5 (Accuracy) is incorrect, as non-random sampling introduces a higher risk of bias, which can compromise the accuracy of the results.
The appointment of Directors is to be approved by company in ____
No allotment of any securities of a company offered to the public for subscription shall be made unless the amount stated in the _______ as th...
The President of NCLT and Chairperson of NCLAT is to be appointed in consultation with _______
Appointment of Auditors in case of government companies by CAG is given under which section of Companies Act, 2013?
A company has to transfer the unclaimed dividend to which account?
In case where such dividend remained unpaid or unclaimed within _______ from the date of declaration, the amount is transferred to ‘Unpaid Dividend Ac...
As per Section 27 of Companies Act 2013, any ariation in prospectus is to be approved by _______
Differences between verbal and nonverbal communication include?
i. Verbal communication is multichanneled; nonverbal communication is single-cha...
NCLAT is constituted under which section of the Companies Act?
Sovereign Gold Bond Scheme is launched by GoI in 2015, What is the annual interest rate paid on initial investment in this scheme ?