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Step 4: Determine the method of selecting the sample create 5 unique samples using the 5 techniques below. Create a separate worksheet for each
Step 4: Determine the method of selecting the sample
- • create 5 unique samples using the 5 techniques below. Create a separate worksheet for each sample.
- • simple random sampling (hint: you can use the =rand() formula in Excel. Enter the rand() formula> paste values> sort by pasted values> take the top observations)
- • systematic random sampling (hint: you can select every nth observation)
- • haphazard sampling
- • block sampling
- • stratification sampling
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Introduction To Business Statistics
Authors: Ronald M. Weiers
7th Edition
978-0538452175, 538452196, 053845217X, 2900538452198, 978-1111524081
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