Question

Simple random sampling uses a sample of size n from a population of size N to obtain data that can be used to make inferences about the characteristics of a population. Suppose that, from a population of 55 bank accounts, we want to take a random sample of eight accounts in order to learn about the population. How many different random samples of eight accounts are possible?

Answer 1

. Suppose that, from a population of 55 bank accounts, we want to take a random sample of eight accounts in order to learn about the population. How many different random samples of eight accounts are possible?

So,

N = 55

We have to take sample size of 8

SO,

n = 55C8

n = 1217566350

Thus,

Samples possible = 1217566350