A firm which bottles shampoo selects some filled bottles for examination.The procedure used is to select a random starting point x(xth bottle filled) and every bottle at an interval of y is then chosen for examination.What is this type of sampling known as?
The following statements are often made about 'simple random sampling'.
(i) It ensures a representative sample.
(ii) It eliminates selection bias.Which of the following is always true?
An accountant has to check a sample of invoices. The invoices are divided into three groups, by value as follows:"under £100、'£100 - £500' and 'over £500'. Samples are then selected randomly from each group.Which ONE of the following sampling methods is involved?
A sample of 10% of ACCA students is required. Which ONE of the following methods will provide the best simple random sample?
Which of the following describes Secondary data?
When gathering information you would use both internal sources of information and external sources of information.Which of the following are examples of external information?
(i) Trade references.
(ii) Sales representatives' knowledge.
(iii) A credit agency report
(iv) Bank references.