Question: Question 2 : Sampling ( 5 marks, 3 0 minutes ) a total of 1 0 0 , 0 0 0 customers. Among them, 5
Question : Sampling marks, minutesa total of customers. Among them, with income of $ and with income higher than $a marks The bank president asks you a researcher to conduct a survey among customers on their satisfaction with online banking, with a sample size for the survey of customers. Explain the cluster sampling method and its advantages and disadvantages.Note: your answer must refer to the key wordsconcepts we discussed in class. Do not include key wordsconcepts that we did not cover in class.b marks The president asks you to conduct interviews among customers on their satisfaction with online banking. Explain the quota sampling method, and its advantages and disadvantages.Note: your answer must refer to the key wordsconcepts we discussed in class. Do not include key wordsconcepts that we did not cover in class.c marks Discuss why managers at Canadian Bank Inc. need to have awareness of sampling designs and sample size decisions. Note: your answer must refer to the key wordsconcepts we discussed in class. Do not include key wordsconcepts that we did not cover in class.U v v
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