Respuesta :
Using sampling concepts, it is found that a stratified sampling is applied dividing the population into groups according to the type of loan they selected, and then sampling an equal proportion from each group.
How are samples classified?
Samples may be classified as:
- Convenient: Drawn from a conveniently available pool.
- Random: All the options into a hat and drawn some of them.
- Systematic: Every kth element is taken.
- Cluster: Divides population into groups, called clusters, and each element in the cluster is surveyed.
- Stratified: Also divides the population into groups. Then, a equal proportion of each group is surveyed.
Hence, applying it's concept given in the bullet-point above, it is found that a stratified sampling is applied dividing the population into groups according to the type of loan they selected, and then sampling an equal proportion from each group.
More can be learned about sampling concepts at https://brainly.com/question/25122507
