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Sampling

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Sampling

  • This topic has 3 replies, 2 voices, and was last updated 4 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • December 28, 2020 at 4:03 am #601017
    applessauce
    Member
    • Topics: 85
    • Replies: 65
    • ☆☆

    Sir in your lectures about sampling you said that multi stage sampling is not random

    However when i checked the answer scheme for a certain mcq question it had this as the following statement in its answer

    Multi-stage is a series of random samples.

    Sir please explain me how this is possible

    December 28, 2020 at 8:36 am #601034
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54699
    • ☆☆☆☆☆

    It is not completely random – it is quasi-random (which means partly random).

    As is written in the lecture notes:
    “For example, suppose a company has several thousand purchase invoices filed, filling 20 files. Take a random sample of (say) 5 files, and then a random sample of (say) 20 invoices from each of these files.”
    which is exactly the same as what is written in your post!

    December 28, 2020 at 9:01 am #601039
    applessauce
    Member
    • Topics: 85
    • Replies: 65
    • ☆☆

    Okay but does that mean that cluster and quota are completely not random?

    December 28, 2020 at 1:27 pm #601054
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54699
    • ☆☆☆☆☆

    This is ridiculous.

    The answer to your question is very clearly written in the free lecture notes and you can not expect me to type out the notes again here.

    Please stop asking so many questions like this. You have asked 12 questions today – we do not provide private tuition and I really cannot spend so much time each day just answering you.

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Sampling’ is closed to new replies.

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