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Sources of data

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Sources of data

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.
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  • Author
    Posts
  • August 7, 2022 at 6:31 pm #662609
    warisha.s
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    The course notes explain that:

    Stratified:
    If the population was 60% women, 40% men, then 60% of the sample should be women and 40% men.

    Quota:
    Population is 60% women and 40% men. We want to question a sample of 200. Decide on a quota of 120 women (60%) and 80 men(40%), and stop people as they appear until we have the required number.

    The only difference I see is the way in which candidates are chosen (one by one until the quota is satisfied), however, in stratified sampling, it makes no reference to how the 60% and respective 40% are selected.

    I’m a little confused,any help would be greatly appreciated.

    August 8, 2022 at 9:05 am #662642
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    In the case of stratified, they are selected at random.

    In the case of quota they are chosen as they appear.

    Have you watched my free lectures on this? 🙂

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