Professional Documents
Culture Documents
BUSINESS RESEARCH
METHODS
(5599)
MBA Executive
TOPIC:
“TYPES OF SAMPLES”
ZAHID NAZIR
Roll # AB523655
Semester: Autumn 2009
What is SAMPLE
Real- Ten patients at the hospital were interviewed about the care they
received.
2
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
3
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
Advantages of Sampling
1. Sampling is cheaper than a census survey. It is obviously more
economical, for instance, to cover a sample of households than all
households in a territory although the cost per unit of study may be
higher in a sample survey than in a census.
2. Since magnitude of operations involved in a sample survey is small, both
the execution of the fieldwork and the analysis of the results can be
carried out speedily.
3. Sampling results in greater economy of effort as relatively small staffs is
required to carry out the survey and to tabulate and process the survey
data.
4. A sample survey enables the researcher to collect more detailed
information than would otherwise be possible in a census survey. Also,
information of a more specialized type can be collected, which would
not be possible in a census survey on account of availability of a small
number of specialists.
5. Since the scale of operations involved in a sample survey is small, the
quality of interviewing, supervision and other related activities can be
better than the quality in a census survey.
Limitations of Sampling
1. When the information is needed on every unit in the population such as
individuals, dwelling units or business establishments, a sample survey
4
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
Step Description
1. Define the The population is defined in terms of a) element, b) units, c)
population extent and d) time.
2. Specify The means of representing the elements of the population –
sampling frame for example telephone book, map, or city directory – are
described.
3. Specify The unit for sampling – for example, city block, company, or
sampling unit household – is selected. The sampling unit may contain one
or several population elements.
4. Specify The method by which sampling units are to be selected is
sampling described.
method
5. Determine The number of elements of the population to be sampled is
sample size chosen.
6. Specify The operational procedures for selection of the sampling
sampling plan units are selected.
7. Select the The office and fieldwork necessary for the selection of the
sample sample are carried out.
5
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
6
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
7
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
8
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
TYPES OF SAMPLES
Samples can be classified into two broad classes depending on the type of
sampling techniques.
1. Non-Probability Samples
i. Convenience Samples
ii. Judgmental Samples
iii. Quota Samples
2. Probability samples
i. Simple Random Sample
ii. Systematic Sample
iii. Stratified Sample
iv. Cluster Sample
v. Multistage Sample
9
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
SAMPLING TECHNIQUES
Types of
Sampling
Techniques
Non-Probability Probability
Sampling Sampling
Judgmental Systematic
Sampling Sampling
Startified
Quota Sampling
Sampling
Cluster
Sampling
Multistage
Sampling
10
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
11
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
1. Non-Probability Techniques
1) Convenience Sampling
Definition
A non-probability sampling technique that attempts to obtain a sample of
convenient elements. The selection of sampling units is left primarily to the
interviewer.
Explanation
1. It is a form of Non-Probability sampling.
2. It is mainly used for Dipstick studies. This type of sampling is normally
used to get basic information to take elementary decisions.
12
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
Advantages
Convenience sampling is the least expensive and least time consuming
of all sampling techniques.
The sampling units are accessible, easy to measure and co-operative.
This technique is used in exploratory research for generating ideas,
insight or hypothesis.
Disadvantages
Convenience samples contain unknown amounts of both variables and
systematic selection errors.
These errors can be very large when compared to the variable error in a
simple random sampling of the same size.
13
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
2) Judgmental Sampling
Definition
14
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
3) Quota Sampling
Definition
Explanation
It is a form of Non-Probability sampling.
In Quota Sampling, the samples are selected in such a way that the
interest parameters represented in the sample are in the same
proportion as they are in the universe/ population.
Quota Sampling is widely used in consumer panels.
The following aspects must be kept in mind while choosing the control
variables:
The variables must be available and should be recent.
They should be easy for the interviewer to classify.
They should be closely related to the variable being measured in the
study.
The number of variable must be kept to a reasonable number so as to
avoid confusion while analyzing the data
The cost of sample per unit is directly proportional to the number of control
variables.
In order to have a check mechanism about the quality of samples taken so as
to reduce the selection errors, Quota Samples are “validated” after they are
taken.
15
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
education, and age group are used as control variables. If the comparison of
this panel and the population might be made with respect to such
characteristics as average number of children, occupation of the chief wage
earner and home ownership. Then if the panel differed significantly from the
population with respect to any of these characteristics, it would be an
indication of the potential bias in the selection procedures. It should be
noted that the similarity does not necessarily mean the absence of bias.
Example
If one wants to select a Quota sample of persons for a test of flavored tea and
wants to control (control variables are the parameters based on which he
would like to classify the universe) it by ethnic background, income bracket,
age group and geographical area. Then the sample taken would have the
same proportion of people in each ethnic background, income bracket, age
group and geographical area as the population.
Disadvantages
16
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
2. Probability Techniques
Definition
17
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
Disadvantages
Definition
18
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
Explanation
In systematic sampling, the sample is chosen by selecting a random starting
point and then picking every ith element in succession from the sampling
frame. The sampling interval, i, is determined by dividing the population size
N by the sample size n and rounding to the nearest integer.
Example
Suppose there are 100,000 elements in the population and a sample of 1000
desired. In this case the sampling interval, i, is 100. A random number
between 1 to 100 is selected. If say number 23 is selected, the sample will then
consists of elements 23, 123, 223, 323, 423, 523, and so on.
Systematic sampling is similar to SRS in that each population element has a
known and equal probability of selection. However, it is different from SRS
in that only the permissible samples of size n that can be drawn have a
known and equal probability of selection. The remaining samples of size n
have a zero probability of being selected.
For systematic sampling, the researcher assumes that the population
elements are ordered in some respect. In some cases the ordering (alphabetic
listing in a telephone book) is unrelated to the characteristic of interest. In
other instances, the ordering is directly related to the characteristic under
investigation. (Credit card customers may be listed in order of outstanding
balances. If the population elements are arranged in a manner unrelated to
the characteristic of interest, systematic sampling will yield result quite
similar to SRS.
On the other hand, when the ordering of the element is related to the
characteristic of interest, systematic sampling increases the representatives
of the sample.
Advantages
Systematic sampling is less costly and easier that SRS, because random
selection is done only once.
19
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
Definition
Explanation
20
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
Definition
The target population is divided into mutually exclusive and collectively
exhaustive subpopulation called clusters. Then a random sample of clusters
is selected based on probability sampling techniques such as simple random
sampling. For each selected clusters, either all the elements are included in
the sample or a sample of elements is drawn probabilistically.
Explanation
If all the elements in each selected cluster are included in the sample,
the procedure is called one stage cluster sampling.
If a sample of elements is drawn probabilistically from each selected
cluster, the procedure is called two-stage cluster sampling.
The key distinction between cluster sampling and stratified sampling is
that in cluster sampling only a sample of subpopulations (clusters) is
chosen, whereas in stratified sampling all the subpopulations are
selected.
21
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
Disadvantage
Explanation
22
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
available complete with all the associated information one might want for
purposes of clustering and / or stratifying, there would be far fewer multiple
samples taken than there are now. In practice, it is not uncommon to have a
first stage area sample of, say, census tracts, followed by a second stage
sample of blocks, and completed with a systematic sample of households
within each block. These stages would not be necessary if a complete listing
of households were available.
Example
23
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
Convenience sampling Least expensive, least time Selection bias; sample not
consuming, most convenient representative; not
recommended for descriptive
or casual
Research.
Judgmental sampling Low cost, convenient, not time Does not allow generalization
consuming subjective
Probability Sampling
24
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
11-24
###############
25
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
•PRACTICAL
STUDY
.
26
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
Overview:
The Finance Division deals with the subjects pertaining to finance of the
Federal Government and financial matters affecting the country as a whole,
preparation of annual budget statements and supplementary/excess budget
statements for the consideration of the parliament accounts and audits of
the Federal Government Organization etc. as assigned under the Rules of
Business, 1973.
Mission Statement
“To pursue sound and equitable economic policies that put Pakistan on
the path of sustained economic development and macroeconomic
stability with a view to continuously and significantly improving the
Quality of life of all citizens through prudent and transparent public
financial management carried out by dedicated professional.”
27
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
28
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
EDUCATION
29
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
30
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
31
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
32
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
33
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
34
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
35
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
36
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
37
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
38
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
39
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
40
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
41
ZAHID NAZIR AB523655
BUSINESS RESEARCH METHODS
#################
42
ZAHID NAZIR AB523655