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Stratified Sampling
Stratified Sampling is generally used when the population is heterogeneous. In this case, the population is first subdivided into several parts (or small groups) called strata. According to some relevant characteristics so that each stratum is more or less homogeneous. Each stratum is called a sub-population. Then a small sample (called sub-sample) is selected from each stratum at random. All the sub-samples combined together form the Stratified Sample. This represents the population properly. The process of obtaining and examining a Stratified Sample with a view to estimate the characteristic of the population is known as Stratified Sampling.
Example
The retailer can use Stratified Sampling as explained below:
She would analyze the bill copies according to items purchased, viz. TVs, Stereos, VCRs, etc. Each product’s customers would form a strata. Hence, we would have the following strata:
TV buyers
Stereo buyers
VCR buyers
For each stratum, random sampling would be done.
use of quantitative techniques in public sector
Year Production 2006 8 2007 6 2008 10 2009 12 2010 11 2011 15 2012 14 2013 16 Determine the trend from data given above?
programming
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