Sampling Methods
Definition
According to William G. Cochran, sampling is “the process of selecting a subset of individuals from a population to estimate characteristics of the whole population.”
Introduction
Sampling is how marketers study a crowd without asking every single person. The trick lies in picking a small group that represents the big picture.
Explanation
1️⃣ Probability Sampling – each member has known chance of selection (random, stratified, cluster).
2️⃣ Non-Probability Sampling – convenience, judgmental, snowball.
3️⃣ Sample Size & Error – balance cost, confidence, and accuracy.
Key Takeaways
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Random sampling ensures objectivity.
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Large samples reduce error but increase cost.
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Representativeness is more important than size.
Real-World Case
Nielsen Ratings use representative TV households to estimate national viewing habits—proof of accurate sampling power.
Reference: https://www.nielsen.com