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Collecting data - OCRPopulation and sampling

Many companies and organisations collect data to improve their information and products. Skills in collecting data can make this process more efficient and reliable.

Part of MathsStatistics

Population and sampling

The population of a survey is everyone who can be questioned in relation to that survey. For example, if a shop wanted to know the opinion of a new marketing strategy, the population of the survey would be everyone who lives close enough to use the shop. A sample is a small selection of the population.

There are advantages and disadvantages to using entire populations and samples.

Population

Advantages

  • All opinions are accounted for.
  • Results are more reliable.

Disadvantages

  • Takes a long time.
  • Expensive.

Sample

Advantages

  • Quick to conduct.
  • Cost-effective.

Disadvantages

  • Only a selection of opinions.
  • Selection method could cause .