Economics · Sampling Theory
Which of the following statements relating to sampling theory are correct? I. The statistical measures calculated from sample units are called statistics. II. In simple random sampling, the population element and sample unit are different. III. Snowball sampling is a probability-based sampling technique. IV. The 'Law of Statistical Regularity' and the 'Law of Inertia of Large Numbers' are the main bases for a sample to be representative of the population.
- 1II, III and IV
- 2I, II and III
- 3Both I and IV✓
- 4Both II and III
Correct answer
Both I and IV
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