You are an intern, working with the statistical expert tasked
with completing the study for the...
80.2K
Verified Solution
Link Copied!
Question
Accounting
You are an intern, working with the statistical expert taskedwith completing the study for the bank. She is interested in yourthoughts on the project, and has asked you to write up your answersto the following questions, devoting a short paragraph to eachquestion.
Identify the sampling method (Cluster, Simple Random Sample,Stratified Random Sample, Convenience, etc.) that would best ensurethat your sample would reflect the overall population of branchcustomers. Briefly explain your reasoning.
If the bank’s population is comprised of 2500 local customers,how many do you think would be good to survey?
Answer & Explanation
Solved by verified expert
4.4 Ratings (649 Votes)
Hey there 1 Identify the sampling method Cluster Simple Random Sample Stratified Random Sample Convenience etc that would best ensure that your sample would reflect the overall population of branch customers Briefly explain your reasoning The best sampling method would be stratified random sample which will relatively
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
