Use sampling procedures-survey methods and observation

Assignment Help Business Economics
Reference no: EM131376523

Collecting primary data is a lengthier, more expensive, and more complex process than collecting secondary data. To gather primary data, researchers use sampling procedures, survey methods, and observation. All the elements, units, or individuals of interest to researchers for a specific study are known as:

a. Sampling

b. A sample

c. A population

d. Probability sampling

e. Nonprobability sampling

Reference no: EM131376523

Questions Cloud

How did ebusiness change traditional business models : Explain how finding different ways to travel the same road relates to automation, streamlining, and business process reengineering.
Marginal costs per unit : An assembly line can produce 60 units per hour. The line's hourly cost is $3600 on straight time (the first 8 hours). Workers are guranteed a minimum of 6 hours. There is a 50% premium for overtime and productivity for overtime drops by 5%. What a..
What are the major components of a syllogism : What are the basic features of transformational grammar? What are the major components of a syllogism
Write an original piece of short fiction : Write an original piece of short fiction using the techniques described in our course text and in my video lecture. This story can be about anything that you like, but it needs to have characters who are dealing with some problem.
Use sampling procedures-survey methods and observation : Collecting primary data is a lengthier, more expensive, and more complex process than collecting secondary data. To gather primary data, researchers use sampling procedures, survey methods, and observation. All the elements, units, or individuals of ..
What effect would this have on the total rate of corrosion : If twice as many rivets are used, what effect would this have on the total rate of corrosion?
Determine the interest rate gene : Gene Milton borrowed a sum of $5,000 from his uncle Ben and after three years paid a sum of $5,000 and paid another $1000 after 4 years to pay off the loan.
How do psychologists differ from linguists : How does a person's bias influence the type of mental map he or she might form? How do psychologists differ from linguists in the study of language?
What are the firms nash equalibrium outputs : Firms A and B are duopolist producers of widgets. The marginal cost of producing a widget is $10. The market demand for widgets is QD=35-(.5)P, where Q measures thousands of widgets per year. What are the firms Nash equalibrium outputs? What is the r..

Reviews

Write a Review

Business Economics Questions & Answers

  Monopolistically competitive firm produces quantity

In the long run, a monopolistically competitive firm produces a quantity that

  What quantity will they produce-what price will they charge

Two firms, A and B, each with a marginal cost of $50, form an oligopoly whose market demand is P = 650 ? 10Q. If the market is defined by Cournot competition, what quantity will they produce and what price will they charge?

  What is the relevance of the marginal rule

?Assume you are an analyst with an online university say UOP. The Admissions Director (AD) wants to determine the optimum number of students for each ECO561 class. You are provided with the following data: Tuition is $1250 per student. what is the ne..

  Compare the two cases and summarize the effect

Compare the two cases and summarize the effect of collateralization on the other terms of the loan. Does it increase or decrease the welfare of the borrower and the lender.

  Graduated with an enginering degree and started working

As soon as she graduated with an enginering degree and started working, Jamie bought a car for $40,000. A down payment of $10,000 was paid by her dad as graduation gift. The rest of the amount was financed with Generous motors at 3% nominal interest ..

  Explain the long run average cost curve

Explain the impact the law of diminishing marginal returns has on both marginal cost and average total cost - with the aid of a diagram explain the long run average cost curve and the influences upon it.

  Relationship in country interest rate and exchange rate

Why is a nation's real interest rate more important for international investors than the nominal interest rate? Explain the relationship between a country's interest rate and its exchange rate.

  Assume yearly payments-build table showing year-interest due

How much principal will be paid (subtracted from the balance) and interest will be paid in each payment on a $10,000 loan with a 6 year term at 5% yearly interest? Assume yearly payments. Build a table showing year, interest due, total owed, payment,..

  What is the expected impact on the total revenue of the firm

For each of the following cases, what is the expected impact on the total revenue of the firm? Explain your reasoning.

  Goods are difficult to provide in the private market

Public goods are difficult to provide in the private market because they have the characteristics of:

  The market for physiotherapists is competitive

The market for physiotherapists is competitive. Chiropractic services and physiotherapy services are substitutes. Currently the price per visit is $40 and the quantity utilized is 30,000 visits annually. Physiotherapists face stiff competition from c..

  Competitive labour market with perfect information

"Explain why unemployment is always equal to zero in a competitive labour market with perfect information. provide two economic mechanisms to explain why we observe positive unemployment in the world when there is imperfect information"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd