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The use of a statistically representative subset as a proxy for an entire population, for example in order to facilitate quantitative market research.
The main benefits of sampling are that the cost is reduced, data collection is quicker, and due to the decreased quantity of a population subset, the procurred data allows uniformity and improvement in precision quality information.
See also:
Quantitative research
Data Collection
Random samplings
Key opinion leader (KOL), Cohort, Advertising, Grey marketing (also called parallel importing), Franchising, List price, Advertising agency's commission, Variable, Sample (market research), Deduping, Adopter categories, Group dynamics, Viewing room, Coverage, Forecasting,
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