Sampling is a tool that is used to indicate how much data to collect and how often it should be collected. This tool defines the samples to take in order to quantify a system, process, issue, or problem.
When is it used?
Sampling is used any time data is to be gathered.
Data cannot be collected until the sample size (how much) and sample frequency (how often) have been determined.
Sampling should be periodically reviewed.
When data is being collected on a regular basis to monitor a system or process, the frequency and size of the sample should be reviewed periodically to ensure that it is still appropriate.
Types of Sampling: Sampling Methods
Any market research study requires two essential types of sampling. They are:
Probability Sampling: Probability sampling s a sampling method that selects random members of a population by setting a few selection criteria. These selection parameters allow every member to have the equal opportunities to be a part of various samples.
Non-probability Sampling: Non probability sampling method is reliant on a researcher’s ability to select members at random. This sampling method is not a fixed or pre-defined selection process which makes it difficult for all elements of a population to have equal opportunities to be included in a sample.
Types of Sampling: Probability Sampling Methods
Probability Sampling is a sampling technique in which sample from a larger population are chosen using a method based on the theory of probability. This sampling method considers every member of the population and forms samples on the basis of a fixed process. For example, in a population of 1000 members, each of these members will have 1/1000 chances of being selected to be a part of a sample. It gets rid of bias in the population and gives a fair chance to all members to be included in the sample.
There are 4 types of probability sampling technique:
Simple Random Sampling: One of the best probability sampling techniques that helps in saving time and resources, is the Simple Random Sampling method. It is a trustworthy method of obtaining information where every single member of a population is chosen randomly, merely by chance and each individual has the exact same probability of being chosen to be a part of a sample.
Cluster Sampling: Cluster sampling is a method where the researchers divide the entire population into sections or clusters that represent a population. Clusters are identified and included in a sample on the basis of defining demographic parameters such as age, location, sex etc. which makes it extremely easy for a survey creator to derive effective inference from the feedback.
Systematic Sampling: Using systematic sampling method, members of a sample are chosen at regular intervals of a population. It requires selection of a starting point for the sample and sample size that can be repeated at regular intervals. This type of sampling method has a predefined interval and hence this sampling technique is the least time-consuming.
Stratified Random Sampling: Stratified Random sampling is a method where the population can be divided into smaller groups, that don’t overlap but represent the entire population together. While sampling, these groups can be organized and then draw a sample from each group separately.