Discuss the advantages of systematic sampling
What will be an ideal response?
Systematic sampling is less costly and easier than simple random sampling, because random selection is done only once. Moreover, the random numbers do not have to be matched with individual elements as in simple random sampling. Because some lists contain millions of elements, considerable time can be saved. This reduces the costs of sampling. If information related to the characteristic of interest is available for the population, systematic sampling can be used to obtain a more representative and reliable (lower sampling error) sample than simple random sampling. Another relative advantage is that systematic sampling can even be used without knowledge of the composition (elements) of the sampling frame. For example, every ith person leaving a department store or mall can be intercepted. For these reasons, systematic sampling is often employed in consumer mail, telephone, and mall intercept interviews.
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General Motors' executives work for a short time in some dealerships, and some dealership owners work in GM's dealer policy department. This strategy helps the company avoid conflicts with its dealers. This is an example of the ________ strategy
A) employee exchange B) dual compensation C) joint membership D) co-optation E) diplomacy
What is brand equity?
What will be an ideal response?
You are investigating the employee turnover rate. Which data collection method is the most appropriate one to use?
a. extant data review b. observation c. survey d. interview
For a maximization linear programming problem, a(n) ________ is ________ for a less-than-or-equal-to constraint
A) surplus, subtracted B) slack, added C) artificial, added D) artificial, subtracted E) surplus, added