Types of Sampling and Sampling Distribution
What is Sampling?
Sampling is the process of selecting a subset of data from a larger population to analyze and draw conclusions about the entire population.
Random Sampling
- In random sampling, everyone in the universe has an equal chance of being selected..
- For instance, if you want to study the heights of students in a school, you could randomly select a certain number of students from each grade.
Stratified Sampling
- In stratified sampling, the population is divided into several groups or strata and a sample is selected from each stratum.
- For example, if you want to survey people's opinions on a product,
- you might divide the population into age groups and then randomly select individuals from each group.
Convenience Sampling
- Simple criteria include selecting people who are easy to find or contact.
- For instance, conducting a survey by asking people passing by on the street.
- Example: In data visualization, suppose you are analyzing customer satisfaction ratings for a product.
- You might randomly sample a certain number of customers from your entire customer base and visualize their feedback using charts or graphs.
Systematic Sampling
- Good sampling consists of selecting every nth element from a list or population, starting from a matching point.
- It provides a structured way of sampling.
- Example: In a manufacturing plant, if you want to check the quality of products,
- you might use systematic sampling by selecting every 10th product from the production line for inspection.
Cluster Sampling
- Cluster sampling involves dividing the population into clusters or groups based on geographical or other characteristics,
- The entire group is then randomly selected for the sample.
- In a survey about city demographics, you might use cluster sampling by dividing the city into
- neighborhoods (clusters) and then randomly selecting a few neighborhoods to survey residents.
Sampling Distribution
A sampling distribution is a distribution of sample statistics obtained from multiple samples taken from the same population.
Central Limit Theorem
- The central limit theorem says it doesn't matter what the population distribution is.
- The sampling distribution of the sample mean tends to approximate a normal distribution when the sample size is large.
- For example, even if you have a very skewed population of ages, averaging the ages from large random samples will result in a bell curve.
Standard Error
- The standard error measures the variability of sample means in a sampling distribution.
- It is calculated as the standard deviation of sample means.
- Example: Let's say you want to estimate the average income of a family in a city.,
- calculate the mean income for each sample, and create a sampling distribution of these sample means.
- Using data visualization techniques like histograms or box plots,
- you can visualize the distribution of sample means and estimate the population mean income.
Confidence Intervals
- Sampling distributions are also used to calculate confidence intervals
- which represent the range of values within which the true population parameter (like mean or proportion) is likely to fall.
Types of data elements
Numeric Data
- Numeric data consists of numerical values that can be measured and quantified.
- Examples include temperature readings, sales figures, and population counts.
- A bar chart showing monthly sales revenue for a company, with each bar representing the sales amount in dollars.
Categorical Data
- Categorical data represents qualitative characteristics and is divided into distinct categories or groups.
- Examples include product categories, customer segments, and survey responses (e.g., Yes/No).
- A pie chart showing the distribution of product sales by category, where each slice represents a different product category.
Ordinal Data
- Ordinal data is a type of categorical data that has a defined order or ranking.
- Examples include survey ratings (e.g., satisfaction levels from "Very Satisfied" to "Very Dissatisfied")
- and educational levels (e.g., High School, Bachelor's, Master's, etc.).
- A horizontal bar chart showing the average customer satisfaction ratings for different products, ranked from highest to lowest.
Time-Series Data
- Time-series data represents values measured over time intervals.
- Examples include stock prices, temperature trends over months, and website traffic by hour/day.
- A line chart depicting the monthly average temperature in a city over the past year,
- with each point representing the temperature for a specific month.
Text Data
- Text data includes unstructured textual information such as customer reviews, social media posts, and email content.
- Word clouds or sentiment analysis charts showing the most frequently used words or sentiments in customer reviews for a product or service.
Conclusion
So we have covered what is sampling and types of sampling such as Random, Stratified, Convenience, Systematic and cluster sampling as well as sampling distribution.