AQA Business Studies Unit 1
(a). What is meant by the term random sample?
A sample is an item chosen from the total population, which is being studied. Therefore, a random sample is the number chosen, and it involves components that are unpredictable. This is selection of a few items to represent the entire population. The sample chosen does not represent the population from which it was drawn. This was an estimate done through survey and information from franchisors, which Tom estimated that it would be about 77000 customers in the first year according to his analysis (Dayananda, et. al. 56).
Random sample can be ...