While selecting a sample, what rules should govern your choice?
OPTIONS
- Any sample size, if randomly selected, can be suitable for analysis. Since it is sampling, it is not expected to have a specific number of samples.
- 10% of the total
- One sample every hour
- Determine sample size using formula and base it on the tolerance and confidence interval expected and standard deviation or the current error rate of the population
ANSWER
Determine sample size using formula and base it on the tolerance and confidence interval expected and standard deviation or the current error rate of the population
EXPLANATION
The sample size has to be determined statistically using formulas that take into consideration standard deviation or current error rate of the population.