Sampling

Sampling

The basic purpose of carrying out a sample is to make sure that that the sample is should be the representative of all the users of the credit card in general and it must depict the buying behavior of the whole population (Weiss & Weiss, 2012). Keeping the random error aside, there is a need to make sure that information of the sample should be pretty much same as the information about the whole bunch of users.

The population for the bank in this case are the all the people who are using the facility of the bank on a ...