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Topic Three
Markets and Customers
Value of Sampling
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Created by
Isaac Barden
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Cards (16)
What is often impossible when studying a group?
Studying every
individual
in the group
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What is a sample in research?
A small
portion
representing the
entire
group
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How do researchers use samples in studies?
To estimate
characteristics
of the larger
population
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What are the benefits of using samples in research?
Makes studying large
populations
feasible
Reduces time and resource expenditure
Allows for
estimation
of population characteristics
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What is stratified random sampling also known as?
Proportional random sampling
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What is the main purpose of stratified random sampling?
To divide the population into
homogenous
groups
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How does stratified random sampling differ from simple random sampling?
It divides the population into
strata
before sampling
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What are the key features of stratified random sampling?
Divides population into homogenous groups (
strata
)
Ensures
representation
of different strata in the sample
Increases
precision
of estimates
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What does quota sampling choose based on?
A group of people with
certain
characteristics
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Why is random sampling often more expensive than quota sampling?
It requires a
large group
of people to be sampled
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How does quota sampling compare to random sampling in terms of respondents needed?
Quota sampling requires
fewer
respondents
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What is a respondent in market research?
A
person
who takes part in
research
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What are the key differences between quota sampling and random sampling?
Quota sampling selects based on specific characteristics.
Random sampling involves selecting a large, random group.
Quota sampling requires fewer respondents than random sampling.
Random sampling is often more expensive.
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What methods can be used to choose samples from a population?
Random number table
or
generator
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What does it mean for each member of the population to have an equal chance of being selected?
Each member has an equal,
independent
chance
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How does the use of a random number table or generator affect sample selection?
It ensures
equal
and
independent selection chances
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