Question: Why is a sample more desirable than a census? What are some of the reasons for taking a sample?

Why is a sample more desirable than a census? What are some of the reasons for taking a sample?

Step by Step Solution

★★★★★

3.40 Rating (153 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

A sample is often more desirable than a census for several reasons CostEffectiveness Conducting a census involves collecting data from every member of ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Marketing Research Questions!

Create a conclusion to following work. Hotels form an uninterrupted narrative of a story, filling guests with emotions that define their stay. They have ceased to be considered one-dimensional places...

The Rome Statute only recognizes personal jurisdiction over natural persons who are over the age of 18. There is no such thing as corporate criminal liability under the Rome Statute. In other words,...

What are some of the reasons for the ARCs ethical dilemmas, and how can the organization guarantee that these problems will not recur in the future? The American Red Cross (ARC) is an independent...

Assuming that Mrs. Smith meets Medicare criteria for the services described here, how many days of SNF care is Mrs. Smith entitled to during her most recent stay (assume that she qualifies for the...

ofiling the Risk Tolerance of Higher Education Students in Zambia 1Mashombotwa Mukwena, 2Macmillan Handema 1,2School of Baf after reading a case study below please come up with quiz questions Zambia...

help please ? 1-8 Mark is planning on assessing the satisfaction among all of his 145 sales executives by sending out an online survey. All 145 sales executives represent O a. Sampling frame O b....

Question 6 Increasing the size of the sample is likely to increase the sampling error but decrease nonsampling error. decrease both sampling error and nonsampling error. o increase both sampling...

Go to a large parking lot or a large area where bicycles are parked. Choose a color or a manufacturer. Design a sampling scheme you can use to estimate the percentage of cars or bicycles of that...

Writing the Research Paper 1. Explain the importance of research to the success of business 2. Differentiate between the types of business research 3. Explain the relevance of epistemology, ontology...

The scores for the final exam in Math 2250 is normally distributed with a mean of 60 and standard deviation of 15. Given that 120 students wrote the final exam, i) State and test the hypothesis that...

An aircraft with 100 seats serves passengers through two types of fares: full ($550) and discount ($250). Extra passengers have $50 marginal cost. Demand for discount tickets is unlimited, while...

Free cash flow refers to: the net income of a firm after taxes have been paid. the cash generated by decreasing net working capitat. cash that the firm can distribute to creditors and stockholders....

What are prepaid expenses? What entry is made in this respect?

What is multiple regression? Specifically, what is "multiple" about it, and how does the formula for multiple regression appear? In your indication of the formula, identify the various terms and also...

Explain what is meant by the notion of "trimming" a multiple regression result. Use the following example to illustrate your understanding of this concept. A bicycle manufacturer maintains records...

explain further how monopoly firms are more productively efficient

Which of the following is true of business ethics? -Certain notions such as fairness, honesty, and reciprocity are universal norms. -Business ethics is an agreed-upon code of conduct in business,...

An n-year annuity-immediate has a payment of k 2 at time k, k {1, 2, ..., n}. Derive a formula for the present value of this annuity in terms of the symbol (I3,2a)n2 i , assuming money grows...