Description
This is a discussion question that needs to be answer with at least 100 words.
Time and cost constraints are usually the main drivers in a company's choosing to sample rather than study or survey a whole population.
For example, a company I worked for conducted an annual employee survey, using a sample of employees generated by selection using a random number generator.
However, since the company was nation wide, management had to be careful that the sample(s) included employees from all significant areas ( East Coast, west Coast, Southwest, Northwest, etc.).
How might such an organization take into account such a diversified population and the resulting samples?
Explanation & Answer
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Statistics Discussion
The sampling of data helps to overcome the challenge of time and cost c...