Question
Why is sampling often preferred over using the entire
population for data analysis?Solution
Sampling is often preferred over using the entire population due to its efficiency in terms of time, cost, and resources. Instead of collecting and analyzing data from every individual in a population, a representative sample is chosen, which reduces the amount of data to be collected and processed. This is especially important when working with large populations where obtaining data from every individual is not feasible due to logistical or financial constraints. Sampling allows data analysts to make reliable inferences about the entire population without the significant investment of time and resources required for full data collection. Why Other Options Are Wrong : A) Incorrect : Sampling does not eliminate the need for data cleaning; the sampled data still needs to be cleaned and processed for analysis. C) Incorrect : While sampling reduces the size of the data, it does not guarantee 100% accuracy. Sampling introduces a margin of error, and results can vary depending on the sampling technique used. D) Incorrect : Sampling often requires more statistical analysis to account for sampling error and variability. It’s not necessarily simpler than analyzing an entire population. E) Incorrect : Sampling does not inherently remove bias. If the sampling method is flawed or biased, the sample can still lead to inaccurate results. Bias in sampling needs to be actively avoided through careful technique selection.
Which figure depicts the relationship between:
Man, Ornithology, Profession
After interchanging which two numbers, the value of the given equation will be '37'?
9 × 7 + 4 ÷ 1 – 6
Select the number from among the given options that can replace the question mark (?) in the following series. 543, 518, 495, 474, 455, ?
The same operation(s) are followed in all the given number pairs except one. Find that odd number pair.
(NOTE : Operations should be performed on...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
In the given letter-cluster pairs, the first letter-cluster is related to the second letter-cluster following a certain
logic. Study the given pa...
Statements:
I. All teas are coffees.
II. All coffees are beverages.
III. Some teas are drinks
Conclusions:
I. All...
After interchanging which two numbers, the value of the given equation will be ' 33 '?
8 ÷ 2 – 5 – 6 × 7
...Which two signs should be interchanged to make the given equation correct?
13 + 145 ÷ 29 × 52 – 11 = 106
In each of the given number-clusters, the number on the right side of = (the equal to sign) is calculated by performing certain mathematical operations ...