Question: Why Simple random sampling is the most efficient sampling technique for business research.

Why Simple random sampling is the most efficient sampling technique for business research.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
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 Economics Questions!

Q:

0036 1- INTRODUCTION Great manpower can create a good organization and productive employees can contribute effectively in organization. Motivated employees help organization to achieve its goals....

Q:

Research the following sampling methods: Simple Random Sampling Systematic Random Sampling Stratified Random Sampling Cluster Sampling Research the following types of analysis: Categorical Data...

Q:

CHAPTER THREE: RESEARCH METHODOLOGY PLEASE ASSIST (Approximately 8-10 pages) 3.1 Research Approach Quantitative and Qualitative Approaches: Deductive research is consistent with quantitative...

Q:

CHAPTER THREE: RESEARCH METHODOLOGY (Approximately 8-10 pages) 3.1 Research Approach Quantitative and Qualitative Approaches: Deductive research is consistent with quantitative research, as it...

Q:

S 1. Why are the data that Jack has gathered qualitative in nature? The reason why the data that Jack has gathered qualitative in nature is due to the data is in words as open-ended questions. 2....

Q:

Question : Multiple choice: choose only one answer from your point of view: 1.Marketing Research is everything except ________. A) systematic B) politically biased C) objective D) useful for the...

Q:

Good Day Please assist with completing the below teplate for proposal, also note the guideline on teplate. I attached a picture of my topic; 3.5 Target Population and Sampling 3.5.1 Target Population...

Q:

SAMPLING MEAN: DEFINITION: The term sampling mean is a statistical term used to describe the properties of statistical distributions. In statistical terms, the sample mean from a group of...

Q:

Semplling Pian 6 Ropnolde Research has purchased e sample list from a list broker. The list contains 50,000 screened for their likellihood to purchase luggege wath the next year. You don'think youll...

Q:

HR How to ensure machine learning algorithms do not learn the same mistakes and biases that currently affect the recruiting process? 8 RECRUITMENT In this chapter we will turn our attention to the...

Q:

A bowler's scores for six games were 182, 163, 186, 197, 171, and 176. Using these data as a sample, compute the following descriptive statistics a. Range b. Variance (to 1 decimal) c. Standard...

Q:

A machine operation produces bearings whose diameters are normally distributed, with mean and standard deviation equal to .498 and .002, respectively. If specifications require that the bearing...

Q:

E6.5 (LO 2) (Recording Sales Gross and Net) On June 3, Bolton plc sold to Arquette Company merchandise having a sales price of 2,000 with terms of 2/10, n/60. An invoice totaling 90, terms n/30, was...

Q:

Alice is a limited partner of ABC PC Partners, a business that manufactures, assembles, and sells RGB LED lighting for gaming computers. Bob and Carl are the general partners of ABC PC Partners. In 2...

Q:

The visual rule: If we observe an event with our own eyes, we will attach more weight to it than if someone else had described it to us.

Q:

10. What is meant by the fact that we are socialized into using linear causal thought patterns? Find two examples of this from your everyday life.

Q:

The senders expertise; certification, i.e. the senders educational background