Examlex
A company's forecasting philosophy refers to:
Convenience Sample
A non-random selection of participants from a population based on ease of access and availability, often used in exploratory research where representativeness is not a primary concern.
Probability Sample
A sampling method in which each member of the population has a known, non-zero chance of being selected, allowing for statistical inference to the larger population.
Sampling Frame
The list or database from which a statistical sample is drawn for a research study, encompassing all the members of the population being studied.
Representative Sample
A subset of a population carefully chosen to accurately reflect the characteristics of the larger group for the purposes of research or analysis.
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