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If Joe decided to respecify the research and get the research firm to adjust its price, where would you suggest cost reductions could or should
If Joe decided to respecify the research and get the research firm to adjust its price, where would you suggest cost reductions could or should be made? What about reductions in sample size? Reducing sample size to around 1,600 would get the project costs down to available budget levels? Note that other costs won't change much if at all with a lower sample size. What are the pros and cons of reducing sample size?
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