English
Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Explain in detail about simple random sampling with a suitable example - Business Mathematics and Statistics

Advertisements
Advertisements

Question

Explain in detail about simple random sampling with a suitable example

Chart
Sum

Solution

Simple random sampling:

In this technique, the samples are selected in such a way that each and every unit in the population has an equal and independent chance of being selected as a sample.

Simple random sampling may be done, with or without replacement of the samples selected.

In a simple random sampling with replacement, there is a possibility of selecting the same sample any number of times.

So, simple random sampling without replacement is followed.

Thus in simple random sampling from a population of N units

The probability of drawing any unit at the first draw is `1/"N"`, the probability of drawing any unit in the second draw from among the available (N – 1) units is `1/(("N"-1))`, and so on.

Several methods have been adopted for random selection of the samples from the population.

Of those, the following two methods are generally used and which are described below.

1. Lottery method

This is the most popular and simplest method when the population is finite.

In this method, all the items of the population are numbered on separate slips of paper of the same size, shape and colour.

They are folded and placed in a container and shuffled thoroughly.

Then the required numbers of slips are selected for the desired sample size.

The selection of items thus depends on chance.

For example, if we want to select 10 students, out of 100 students, then we must write the names/roll number of all the 100 students on slips of the same size and mix them, then we make a blindfold selection of 10 students.

This method is called unrestricted random sampling because units are selected from the population without any restriction.

This method is mostly used in lottery draws.

If the population or universe is infinite, this method is inapplicable.

2. Table of Random number

When the population size is large, it is difficult to number all the items on separate slips of paper of same size, shape and colour.

The alternative method is that of using the table of random numbers.

The most practical, easy and inexpensive method of selecting a random sample can be done through “Random Number Table”.

The random number table has been so constructed that each of the digits 0, 1, 2, …, 9 will appear approximately with the same frequency and independently of each other.

The various random number tables available are

  • L.H.C. Tippett random number series
  • Fisher and Yates random number series
  • Kendall and Smith random number series
  • Rand Corporation random number series.

Tippett’s table of random numbers is most popularly used in practice.

An example to illustrate how Tippett’s table of random numbers may be used is given below.

Suppose we have to select 20 items out of 6,000. The procedure is to number all the 6,000 items from 1 to 6,000.

A page from Tippett’s table may be selected and the first twenty numbers ranging from 1 to 6,000 are noted down.

If the numbers are above 6000, choose the next number ranging from 1 to 6000.

Items bearing those numbers will be selected as samples from the population.

Making use of the portion of the random number table given, the required random samples are shaded.

Here, we consider row-wise selection of random numbers.

2952 6641 3992 9792 7969 5911 3170 5624
4167 9524 1545 1396 7203 5356 1300 2693
2670 7483 3408 7262 3563 1089 6913 7991
0560 5246 1112 6107 6008 8125 4233 8776
2754 9143 1405 9025 7002 6111 8816 6446
shaalaa.com
Concepts of Sampling
  Is there an error in this question or solution?
Chapter 8: Sampling techniques and Statistical Inference - Exercise 8.1 [Page 185]

APPEARS IN

Samacheer Kalvi Business Mathematics and Statistics [English] Class 12 TN Board
Chapter 8 Sampling techniques and Statistical Inference
Exercise 8.1 | Q 7 | Page 185

RELATED QUESTIONS

In a village of 200 farms, a study was conducted to find the cropping pattern. Out of the 50 farms surveyed, 50% grew only wheat. What is the population and the sample size?


Give two examples each of sample, population and variable.


Which of the following methods give better results and why?


Explain the procedure of selecting a random sample of 3 students out of 10 in your class, by using random number tables.


Do samples provide better results than surveys? Give reasons for your answer.


State any two demerits of systematic random sampling


A sample of 1000 students whose mean weight is 119 lbs (pounds) from a school in Tamil Nadu State was taken and their average weight was found to be 120 lbs with a standard deviation of 30 lbs. Calculate the standard error of the mean


Choose the correct alternative:

A finite subset of statistical individuals in a population is called ______


Choose the correct alternative:

In ______ the heterogeneous groups are divided into homogeneous groups


Use the data in the Table below that relate to monthly household expenditure (in Rs) on the food of 50 households and

1904 1559 3473 1735 2760
2041 1612 1753 1855 4439
5090 1085 1823 2346 1523
1211 1360 1110 2152 1183
1218 1315 1105 2628 2712
4248 1812 1264 1183 1171
1007 1180 1953 1137 2048
2025 1583 1324 2621 3676
1397 1832 1962 2177 2575
1293 1365 1146 3222 1396

Monthly Household Expenditure (in Rupees) on Food of 50 Households

Find the number of households whose monthly expenditure on food is

(a) less than Rs 2000
(b) more than Rs 3000
(c) between Rs 1500 and Rs 2500

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×