Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Semplling Pian 6 Ropnolde Research has purchased e sample list from a list broker. The list contains 50,000 screened for their likellihood to purchase luggege

image text in transcribed
image text in transcribed
Semplling Pian 6 Ropnolde Research has purchased e sample list from a list broker. The list contains 50,000 screened for their likellihood to purchase luggege wath the next year. You don'think youll need all 50,000 to schieve the 1,600 sample size You belleve this fogre is more llike 10,000. To select the 10,000 that will be invited to participate and assure each record has an equel chanoe of being selected you use the random number generator function in Ercel. You set the function to randomly ansign each reoord with 1,2,3,4, or 5 . You choose each record rendomly assigned a 111 to be imported into the survey software mailer. Sampling Plan 7 Research on the tarpet market has uncovered that fomales make 75% of luggage decisions. Of females, about half (48\$) apend more than $5,000 on leisure travel while the other half (528) spend less than that annually. Men account for 25% of the market making purchase decisions. of men more than half (58%) spend more than $5,000 annually on leisure travel while 42% spend less than $5,000 annually on leisure travel. Luggege sales by region are relatively equal with elightly higher sales in the Pacific West and lower aisles in the Northeast. Knowing this information you decide to collect the sample proportionally according to these target market statistics. That way, you can be confident that the survey results will mirror the target population dynamics. You draw up the following sampling plan according to the market stats. Which sampling technique does Sampling Plan 6 use? Simple random sampling Snowball sampling Stratified random sampling Quota sampling . Systematic sampling Expert sampling Convenience sampling Which sampling technique does Sampling Plan 7 use? Simple random sampling Snowball sampling Stratified random sampling Quota sampling Systematic sampling Expert sampling Convenience sampling Semplling Pian 6 Ropnolde Research has purchased e sample list from a list broker. The list contains 50,000 screened for their likellihood to purchase luggege wath the next year. You don'think youll need all 50,000 to schieve the 1,600 sample size You belleve this fogre is more llike 10,000. To select the 10,000 that will be invited to participate and assure each record has an equel chanoe of being selected you use the random number generator function in Ercel. You set the function to randomly ansign each reoord with 1,2,3,4, or 5 . You choose each record rendomly assigned a 111 to be imported into the survey software mailer. Sampling Plan 7 Research on the tarpet market has uncovered that fomales make 75% of luggage decisions. Of females, about half (48\$) apend more than $5,000 on leisure travel while the other half (528) spend less than that annually. Men account for 25% of the market making purchase decisions. of men more than half (58%) spend more than $5,000 annually on leisure travel while 42% spend less than $5,000 annually on leisure travel. Luggege sales by region are relatively equal with elightly higher sales in the Pacific West and lower aisles in the Northeast. Knowing this information you decide to collect the sample proportionally according to these target market statistics. That way, you can be confident that the survey results will mirror the target population dynamics. You draw up the following sampling plan according to the market stats. Which sampling technique does Sampling Plan 6 use? Simple random sampling Snowball sampling Stratified random sampling Quota sampling . Systematic sampling Expert sampling Convenience sampling Which sampling technique does Sampling Plan 7 use? Simple random sampling Snowball sampling Stratified random sampling Quota sampling Systematic sampling Expert sampling Convenience sampling

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Guide To Project Auditing

Authors: Association For Project Management

1st Edition

1903494745, 978-1903494745

More Books

Students also viewed these Accounting questions

Question

In most cases, medication is prescribed by physicians.

Answered: 1 week ago

Question

What aspects would it be impossible to capture?

Answered: 1 week ago

Question

Enhance your words with effective presentation aids

Answered: 1 week ago