Which of the following statements relating to the sampling theory are correct?
1. The values of the statistical measures based on the sampled units are called values of statistics.
2. In the simple random sampling technique, the element of the population and the unit of the sample are different.
3. Snow-ball sampling technique is a probability based sampling technique.
4. The 'law of statistical regularity' and the 'law of inertia of large numbers' are the main bases of the sample to become representative of the population.
Choose the correct answer:
A. Both 2 and 3
B. Both 1 and 4
C. 1, 2 and 3
D. 2, 3 and 4
Answer: Option B
This Question Belongs to Commerce >> Business Statistics And Research Methods
Related Questions on Business Statistics and Research Methods
A. The central limit theorem
B. The law of statistical regularly
C. The law of inertia of large numbers
D. None of the above
The difference between sample statistic and its corresponding population parameter is
A. Sampling error
B. Measurement error
C. Coverage error
D. Non-response error
A. Both (A) and (R) are true
B. (A) is true, but (R) is false
C. (A) is false, but (R) is true
D. Both (A) and (R) are false
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