When purchasing large amounts of light bulbs, purchase method would an organization most likely use is sampling.
Sampling is that process which is used in statistical analysis in which a predetermined number of observations are taken from a larger population.
This methodology of sampling is used to take sample from a larger population depends on the type of analysis being performed.
It may include simple random sampling or systematic sampling.
Managers within a company may generally use customer sampling to assess the demand for new products or the success of marketing efforts.
The chosen sample should always be a fair representation of the entire population. When taking the sample from the larger population, it is important to consider how the sample is chosen. In order to get a representative sample, it must be drawn randomly and encompass the whole population.
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