sampling

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SAMPLING DISTRIBUTION ISME PGDM 2015-2017 1

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Page 1: Sampling

1SAMPLING DISTRIBUTION

ISME PGDM 2015-2017

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2 Contents What is Sampling? Types of Sampling Sampling Distribution Sample Error

ISME PGDM 2015-2017

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ISME PGDM 2015-2017

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4 What is Sampling?Sampling is the process of selecting a portion generally small portion of units (e.g. people, organizations) from a population of interest so that by studying the sample we may fairly generalize our results back to the population from which they were chosen.

ISME PGDM 2015-2017

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5 Types of Sampling

ISME PGDM 2015-2017

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Probability/ Random Sampling

Simple Random Sampling

Systematic Sampling

Stratified Sampling

Cluster Sampling ISME PGDM 2015-

2017

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Non-Random/ Non-Probability

Sampling

Convenience

Sampling

Judgement Sampling

Quota SamplingShopping-

Mall Intercept SamplingSnowball SamplingISME PGDM 2015-

2017

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8Sampling DistributionA probability distribution of all possible means of samples is a distribution of the sample means. In statistical term this is known as Sample Distribution.

ISME PGDM 2015-2017

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10 Sample ErrorThe standard deviation of the distribution of a sample statistic is known as the standard error of the statistic or Sample error.

𝑺𝒕𝒂𝒏𝒅𝒂𝒓𝒅𝒆𝒓𝒓𝒐𝒓 𝒐𝒇 π’•π’‰π’†π’Žπ’†π’‚π’(𝝈 𝒙)=

𝜎=π‘ƒπ‘œπ‘π‘’π‘™π‘Žπ‘‘π‘–π‘œπ‘›π‘†π‘‘π‘Žπ‘›π‘‘π‘Žπ‘Ÿπ‘‘π·π‘’π‘£π‘–π‘Žπ‘‘π‘–π‘œπ‘›π‘›=π‘†π‘Žπ‘šπ‘π‘™π‘’π‘†π‘–π‘§π‘’

ISME PGDM 2015-2017

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THANK YOU!!

ISME PGDM 2015-2017