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Sampling is a crucial method used in data analysis because it allows analysts to infer characteristics of a larger population without the need for examining every individual data point, which would be time-consuming and expensive. By selecting a representative subset of the population, it is possible to obtain insights with a reduced cost and effort while maintaining the accuracy of the analysis. Sampling also enables quicker data processing and makes it feasible to handle large datasets that would otherwise be computationally expensive or impractical to analyze entirely. Proper sampling methods, such as simple random sampling or stratified sampling, ensure that the sample is representative, reducing the risk of bias. Why Other Options Are Incorrect: • A: While sampling may reduce errors, it does not guarantee an error-free data collection process. • B: Sampling does not eliminate redundancy but rather focuses on selecting a representative subset. • C: Sampling helps in approximating the population characteristics, but it may introduce some error, so it does not guarantee more accurate results. • E: Sampling still often requires complex statistical models to ensure that the sample is representative and that the analysis is valid.
Read the given statements and conclusions carefully. Decide which of the given conclusions is/are true based on the statements
Statements:
...Complete the series:
P3C, R5F, T81, V12L,?
The first figure is related to the second figure in a certain way. Study the pattern and select the figure which should be placed in place of the questi...
Identify the correct mirror image of the following figure when mirror is placed to the right of the given figure
Select the option that when sequentially placed in the blanks of the given series will complete the series.
C-3, E - 5, G - 7, J - 9, ____, ___...
If ‘+’ means ‘−’, ‘−’ means ‘×’, ‘×’ means ‘÷’ and ‘÷’ means ‘+’, what will come in place of ‘?’ in the foll...
If 1st January 2017 was Sunday, then what day of the week was on 1st January 2016?
How many right angled triangles can be made from the given image?
Select the option that is related to the third word in the same way as the second word is related to the first word.
(The words must be considere...
Which of the following options is the option of which all members remain on the same floor?