mktg 465 final 06 sampling Flashcards
any complete group with a specific characteristic
population
complete group of individuals or things from whom information is needed to meet the objectives of the study
marketing research population
a list of elements of the population from which the sample may be drawn
sample frame
inclusion/exclusion of a subset of individuals without/with unique characteristics of interest
sampling frame error
single element or groups of elements subject to selection in the sample
sample units
if budget is small (sample or census)
sample
if sampling errors are low (sample or census)
sample
if population variance is large (sample or census)
census
if population size is large (sample or census)
sample
if the nature of measurement is nondestructive (sample or census)
census
if the time available is long (sample or census)
census
if sampling errors are high (sample or census)
census
if budget is large (sample or census)
census
if time available is short (sample or census)
sample
if population variance is small(sample or census)
sample
if population size is small (sample or census)
census
if the nature of measurement is destructive (sample or census)
sample
samples in which every element of the population has a known, non-zero probability of selection
probability sampling
what are the advantages of probability sampling?
- sample error can be computed
- the results can be projected to the whole population
what are the disadvantages of probability sampling?
expense and time required to design and execute