Monday, April 15, 2019

RANDOM /PROBABILITY SAMPLING METHODS


    RANDOM/PROBABILITY SAMPLING
METHODS OF SAMPLING 2

BUSINESS STATISTICS
RESEARCH METHODOLOGY
MARKETING RESEARCH
     RANDOM SAMPLING METHODS
1.       SIMPLE RANDOM SAMPLING
2.       STRATIFIED SAMPLING
3.       SYSTEMATIC SAMPLING
4.       MULTI STAGE SAMPLING

     SIMPLE RANDOM SAMPLING
1.       REFERS TO THE SAMPLING TECHNIQUE IN WHICH EACH AND EVERY ITEM OF THE POPULATION IS GIVEN AN EQUAL CHANCE OF BEING INCLUDED IN THE SAMPLE
2.       SELECTION OF THE ITEMS ON CHANCE ,THIS METHOD IS ALSO KNOWN AS THE METHOD OF CHANCE SELECTION
3.       FREE FROM PERSONAL BIAS BUT CONSCIOUS EFFORTS IS MADE TO ENSURE THE OPERATIONS OF CHANCE FACTORS
4.       ALSO KNOWN AS REPRESENTATIVE SAMPLING AND IF THE SIZE OF THE SAMPLE IS LARGE IT WILL BE REPRESENTATIVE OF THE GROUP
5.       ALSO KNOWN AS PROBABILITY SAMPLE BECAUSE EVERY ITEM OF THE POPULATION HAS AN EQUAL OPPORTUNITY OF BEING SELECTED IN THE SAMPLE
     METHODS OF OBTAINING SIMPLE RANDOM SAMPLING
1.       LOTTERY METHODS
2.       TABLE OF RANDOM NUMBERS
     LOTTERY METHODS:- ALL ITEMS OF THE POPULATION ARE NUMBERED OR NAMED ON SEPARATE SLIPS OF PAPER OF IDENTICAL SIZE,COLOR AND SHAPE.  THESE SLIPS ARE THEN FOLDED AND MIXED UP IN A CONTAINER OR DRUM. A BLINDFOLDED SELECTION IS MADE.
     SUITABILITY OF LOTEERY METHOD:- POPULAR WHERE A DECISION ABOUT PRIZES IS TO BE TAKEN IN LOTTERY DRAWN
     CHECKING OF SLIPS
POSSIBILITY OF PERSONAL BIAS
     METHODS OF OBTAINING SIMPLE RANDOM SAMPLING
    THE TABLE OF RANDOM NUMBERS
1.       TIPPETT’S TABLE OF RANDOM NUMBERS
2.       FISHER AND YATES NUMBERS
3.       KENDALL AND BABINGTON SMITH NUMBERS
    TIPPET;S NUMBERS ARE QUITE POPULAR. THEY CONSISTS OF 41600 DIGITS TAKEN FROM CENSUS REPORT AND COMBINED BY FOUR TO GIVE 10,400 FOUR FIGURE NUMBER.
     EXAMPLE USING RANDOM NUMBERS


     THE TABLE OF RANDOM NUMBERS
1.       SUPPOSE WE HAVE TO SELECT 20 ITEMS OUT OF 6000, THE PROCEDURE IS TO NUMBER ALL 6000 ITEMS FROM 1 TO 6000. A PAGE FROM TIPPET’S TABLE MAY BE THEN CONSULTED AND FIRST TWENTY NUMBERS UP TO 6000 ARE NOTED DOWN, ITEMS BEARING THESE NUMBERS WILL BE SELECTED IN THE SAMPLE
2.       POPULATION SIZE LESS THAN 1000: SAMPLE OF 10 ITEMS OUT OF 400, ITEMS WILL BE NUMBERED FROM 1 TO 400 AS 0001 TO 0400
3.       FISHER AND YATE TABLE CONSISTS OF 15,000. THESE HAVE BEEN ARRANGED IN TWO DIGITS IN 300 BLOCKS AND EACH BLOCK CONSISTS OF 5 ROWS AND 5 COLUMNS.
4.       KENDALL AND SMITH CONSTRUCTED 10000 IN ALL BY USING A RANDOMIZING MACHINE.
     EVALUATION OF SIMPLE RANDOM SAMPLING
     MERIT
  1. NO POSSIBILITY OF PERSONAL BIAS
  2. MORE REPRESENTATIVE AS COMPARED TO JUDGMENTAL SAMPLING
3.       CAN EASILY ACCESS THE ACCURACY OF THE ESTIMATE
DEMERIT
1.       NECESSARY TO MAKE A LIST AND IT IS VERY DIFFICULT TO MAKE
2.       PREPARATION OF THE SLIPS IS EXPENSIVE AND TIME CONSUMING
3.       SAMPLE SIZE IS REQUIRED VERY LARGE
4.       SAMPLE SELECTED ON THIS METHOD MAY BE SCATTERED GEOGRAPHICALLY
     STRATIFIED SAMPLING
1.       THE PROCESS OF STRATIFICATION REQUIRES THAT POPULATION MAY BE DIVIDED INTO HOMOGENEOUS METHODS GROUPS OR CLASSES CALLED STRATA
2.       SAMPLE MAY BE TAKEN FROM EACH GROUP BY SIMPLE RANDOM METHODS
3.       IT MAY BE PROPORTIONAL OR DISPROPORTIONATE
4.       IN CASE OF PROPORTIONAL STRATIFIED SAMPLING PLAN,THE NUMBER OF ITEMS DRAWN FROM EACH STRATUM IS PROPORTIONAL TO THE SIZE OF THE STRATA

     PROPORTIONAL STRATA:- FOUR STRATA ARE CREATED, AND THEIR RESPECTIVE SIZE IS 10,25,15 AND 50 PERCENT FROM THE POPULATION
     FIRST STRATA= 1000X10/100=100
     SECOND STRATA= 1000X15/100=150
     THIRD STRATA=1000X25/100=250
     FOURTH STRATA= 1000X50/100=500
     TOTAL = 1000
     IN ORDER TO MAINTAIN MAXIMUM EFFICIENCY,GREATER REPRESENTATION TO A STRATUM WITH LARGE VARIATION.
     DISPROPORTIONATE STRATIFIED INCLUDES PROCEDURE OF TAKING AN EQUAL NUMBER OF ITEMS FROM EACH STRATUM
     EVALUATION
     MERITS
1.       MOST EFFICIENT SYSTEM OF SAMPLING AS THE POPULATION IS DIVIDED INTO DIFFERENT STRATA
2.       GREATER ACCURACY
3.       MORE CONCENTRATED GEOGRAPHICALLY
DEMERIT
1.       DIFFICULTY IN CREATING STRATA
2.       SKILLED SUPERVISOR IS REQUIRED FOR RANDOM SELECTION FROM EACH STRATA
     SYSTEMATIC SAMPLING
1.       SUITABLE WHERE A COMPLETE LIST OF THE POPULATION FROM WHICH SAMPLING IS TO BE DRAWN IS AVIALABLE
2.       THE METHOD IS TO SELECT KTH ITEM FROM THE LIST WHERE KTH REFERS TO SAMPLING INTERVAL
3.       IF WE HAVE A COMPLETE LIST OF 1000 STUDENTS AND WE WANT TO DRAW SAMPLE OF 200 STUDENTS,1000/200=5 TH
4.       WE MUST TAKE EVERY FIFTH ITEM. THE FIRST ITEM BETWEEN 1 AND 5 IS TO BE SELECTED AT RANDOM. SUPPOSE 4 TH ITEM IS SELECTED,SECOND WILL BE 9,14 AND SO ON
     EVALUATION
     MERITS
  1. MORE CONVENIENT
  2. TIME AND WORK IS VERY LESS AS COMPARED TO OTHER METHODS
  3. IF POPULATION ARE QUITE LARGE IT WILL PRODUCE THE SIMILAR RESULT TO PROPORTIONAL STRATIFIED SAMPLING
DEMERIT
1.       NOT SUITABLE WHERE THE POPULATION HAVING HIDDEN PERIOD CITIES
2.       BIASEDNESS IN SUCH CASES
     MULTISTAGE SAMPLING
1.       SAMPLING PROCEDURE WHICH IS CARRIED OUT IN SEVERAL STAGES
2.       THE MATERIAL IS REGARDED AS MADE UP OF A NUMBER OF FIRST STAGE SAMPLING UNITS,EACH OF WHICH IS MADE OF NUMBER OF SECOND STAGE UNITS ETC
3.       FIRST STAGE UNITS ARE SAMPLED BY SOME SUITABLE METHOD SUCH AS RANDOM SAMPLING
4.       THEN A SAMPLE OF THE SECOND STAGE IS SELECTED FROM EACH OF THE SELECTED STAGE BY SOME SUITABLE METHOD
5.       FURTHER STAGES MAY BE ADDED AS REQUIRED
     EXAMPLE
1.       LIKE WE WANT TO TAKE A SAMPLE OF 5000 FROM THE STATE OF U.P
2.       FIRST STAGE THE STATE MAY BE DIVIDED INTO NUMBER OF DISTRICTS
3.       FEW DISTRICTS WILL BE SELECTED AT RANDOM
4.       AT THE SECOND STAGE SELECTED DISTRICTS WILL BE DIVIDED INTO NUMBER OF VILLAGES AND SAMPLE OF VILLAGES WILL BE TAKEN AT RANDOM
5.       OUT OF SELECTED VILLAGES, A NUMBER OF HOUSEHOLD MAY BE SELECTED
6.       IN THIS WAY SAMPLE SIZE GOES ON SMALLER AND SMALLER
     EVALUATION
     MERITS
1.       FLEXIBILITY
2.       PERMITS THE FIELD WORK TO BE CONCENTRATED
     DEMERITS
1.       LESS ACCURATE



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