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Commerce · Q881

Business Statistics and Research Methods

Graduate and Post Graduate · Commerce · question 881

Q881

Consider the following statements. Assertion (A): A reasonably large sized sample drawn randomly from a given population contains almost all the characteristics of the population. Reason (R): As per the sampling theory, the assertion is based only on the 'Law of Inertia of Large Numbers'.

A.
Assertion (A) is correct and Reason (R) as per the sampling theory is also fully correct
B.
Assertion (A) is correct but the Reason (R) as per the sampling theory is not fully correct
Answer
C.
Both Assertion (A) and Reason (R) are incorrect
D.
Assertion (A) is incorrect but the Reason (R) is sufficient as per the sampling theory

Answer: Option B

Solution

Answer: Option B
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