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TUTORIAL 1
4. For each of the following, determine whether the group is a sample or a population.
(i) The 30 stocks reported as a part of the Kuala Lumpur Composite Index
(KLCI).
(ii) All the drivers who received a speeding compound in North-South Highway,
last month.
Discussion Questions
1. (i) Briefly describe the difference between the population and sample.
(ii) Briefly describe the difference between the statistic and parameter.
(iii) Explain the difference between probability sampling and non-probability
sampling.
2. Sampling methods are widely used for the collection of statistical data in industry
and business. Explain the following and illustrating your answers with practical
example.
i. Simple Random Sampling;
ii. Stratification;
iii. Cluster Sampling
iv. Systematic Sampling.