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3. A researcher is collecting individual data by asking visitors in a train station in a medium sized town to fill in a questionnaire. It takes nearly 30 minutes to complete the survey questions. To encourage higher participation rate, the researcher provides a small financial incentive that is enough to buy a sandwich. The researcher wants to use this sample to make predictions about effect of using social media on health among the residents of the town. a. Explain the random sampling assumption, that is one of the Gauss-Markov assumptions for linear regressions. [5 marks] b. Do you think this assumption is satisfied in the sample collected by the researcher? Explain your answer in no more than 85 words. [5 marks] c. What are the possible consequences of violation of random sampling assumption for predictions based on this sample? Explain your answer in no more than 85 words [5 marks] 3. A researcher is collecting individual data by asking visitors in a train station in a medium sized town to fill in a questionnaire. It takes nearly 30 minutes to complete the survey questions. To encourage higher participation rate, the researcher provides a small financial incentive that is enough to buy a sandwich. The researcher wants to use this sample to make predictions about effect of using social media on health among the residents of the town. a. Explain the random sampling assumption, that is one of the Gauss-Markov assumptions for linear regressions. [5 marks] b. Do you think this assumption is satisfied in the sample collected by the researcher? Explain your answer in no more than 85 words. [5 marks] c. What are the possible consequences of violation of random sampling assumption for predictions based on this sample? Explain your answer in no more than 85 words [5 marks] 3. A researcher is collecting individual data by asking visitors in a train station in a medium sized town to fill in a questionnaire. It takes nearly 30 minutes to complete the survey questions. To encourage higher participation rate, the researcher provides a small financial incentive that is enough to buy a sandwich. The researcher wants to use this sample to make predictions about effect of using social media on health among the residents of the town. a. Explain the random sampling assumption, that is one of the Gauss-Markov assumptions for linear regressions. [5 marks] b. Do you think this assumption is satisfied in the sample collected by the researcher? Explain your answer in no more than 85 words. [5 marks] c. What are the possible consequences of violation of random sampling assumption for predictions based on this sample? Explain your answer in no more than 85 words [5 marks] 3. A researcher is collecting individual data by asking visitors in a train station in a medium sized town to fill in a questionnaire. It takes nearly 30 minutes to complete the survey questions. To encourage higher participation rate, the researcher provides a small financial incentive that is enough to buy a sandwich. The researcher wants to use this sample to make predictions about effect of using social media on health among the residents of the town. a. Explain the random sampling assumption, that is one of the Gauss-Markov assumptions for linear regressions. [5 marks] b. Do you think this assumption is satisfied in the sample collected by the researcher? Explain your answer in no more than 85 words. [5 marks] c. What are the possible consequences of violation of random sampling assumption for predictions based on this sample? Explain your answer in no more than 85 words [5 marks]
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a The random sampling assumption in the GaussMarkov framework states that observations in the sample ... View the full answer
Related Book For
Modern Advanced Accounting In Canada
ISBN: 9781259066481
7th Edition
Authors: Hilton Murray, Herauf Darrell
Posted Date:
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