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 53 bank accounts, we want to take a random sample of four accounts in order to learn about the population. How many different random samples of four accounts are possible?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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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 53 bank accounts, we want to take a random sample of four accounts in order to
learn about the population. How many different random samples of four accounts are possible?
Transcribed Image Text: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 53 bank accounts, we want to take a random sample of four accounts in order to learn about the population. How many different random samples of four accounts are possible?
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Step 1

We have given that 

There are 53 bank account 4 sample account is selected from these 53 account  

n = 53

r = 4

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