sampling-methods

Vocabulary Word

Definition
Sampling-methods are ways of selecting a number of individuals from a larger group, so we can study or examine them to learn about the whole group. They are like lotteries where only some tickets are chosen.
Examples in Different Contexts
In statistics, 'sampling methods' include techniques like stratified sampling and cluster sampling to analyze subsets of data. A statistician might explain, 'We employed stratified sampling to ensure that our analysis reflects the diversity of the population accurately.'
Practice Scenarios
Business

Scenario:

Our next campaign needs in-depth insights from our demographic. We should identify the right approach to gather data unbiasedly.

Response:

I agree. We should employ sampling methods that accurately represent our target audience's preferences in our research design.

Tech

Scenario:

The server logs have too much data to analyze manually. We need a solution that can offer representative insights.

Response:

Yes, we can use sampling methods to select smaller data sets for analysis. This way, we can highlight the major trends without manually sifting through all logs.

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