What are the benefits to be gained by knowing that a proposed sample is more than 5% of the total population’s size? In what marketing situation might this be a common occurrence?
Answer to relevant QuestionsA researcher knows from experience the average costs of various data collection alternatives: Data Collection Method Cost/respondent Personal Interview..... $50 Telephone Interview..... $25 Mail Survey ........ $00 .50 ...A new mall intercept company opens its offices in a nearby discount mall, and its president calls on the insurance company where you work to solicit business. It happens that your company is about to do a study on the market ...Identify different types of intentional respondent error and the controls used to minimize them. Identify different types of unintentional respondent error and the controls used to minimize them. What essential factors are taken into consideration when statistical inference takes place? Describe the concept of variability, and relate how it helps in the description of responses to a particular question on a questionnaire.
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