More Coke Identify the type of sampling (random, systematic, convenience, stratified, cluster) used when a sample of
Question:
More Coke Identify the type of sampling (random, systematic, convenience, stratified, cluster) used when a sample of the 366,000 Coca Cola shareholders is obtained as described. Then determine whether the sampling scheme is likely to result in a sample that is representative of the population of all 366,000 shareholders.
a. A complete list of all stockholders is compiled and every 500th name is selected.
b. At the annual stockholders meeting, a survey is conducted of all who attend.
c. Fifty different stockbrokers are randomly selected, and a survey is made of all their clients who own shares of Coca Cola.
d. A computer file of all stockholders is compiled so that they are all numbered consecutively, then random numbers generated by computer are used to select the sample of stockholders.
e. All of the stockholder zip codes are collected, and 5 stockholders are randomly selected from each zip code.
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