When is sampling more appropriate than a census

Assignment Help Business Economics
Reference no: EM131161356

In what types of situations is conducting a census more appropriate than sampling? When is sampling more appropriate than a census? (Minimum: 450 Words)

Reference no: EM131161356

Questions Cloud

Marketing creates or satisfies consumer needs : There is a debate in marketing on the question of whether or not marketing creates or satisfies consumer's needs. Marketing has often been defined in terms of satisfying customer's wants and needs and some critics maintain that marketing goes beyo..
History of the industry and need for the innovation : Now it's your turn, research a company that has managed an innovation and provide the story. Include, The company, the technology, the impact made with the innovation and short history of the industry and need for the innovation
Distribution channels case study : You are asked to help formulate the marketing plan for the entrepreneur starting Chic Soap. The concept behind Chic Soap is simple; it sets out to incorporate fashionable perfumes such as Obsession, Raffinee and Opium into a high quality white soa..
Identify two barriers in current school or community : What were your first impressions after watching and reading the various resources on building relationships and engaging adults? Which ideas really ‘jumped out' at you? What ideas (if any), that were presented are you currently seeing in your scho..
When is sampling more appropriate than a census : In what types of situations is conducting a census more appropriate than sampling? When is sampling more appropriate than a census?
Find the value of a call option on the given stock : Use the Black-Scholes formula to find the value of a call option on the following stock: Time to expiration is 6 months, Standard deviation is 50% per year, Exercise Price $50, Stock Price $50 and Interest rate is 3%.
What are the phases of the product life cycle : What are the phases of the "Product Life Cycle"? How can you extend the life of a product in decline? Does Amazon.com offer a product or a service or a combination of both? Explain
Identify main barriers that you see to activating sectors : Based on your readings in the required resources, identify the main ‘barriers' that you see to activating sectors in your community. What about building consensus? Why? Be specific, but not critical, in your examples.
Peripheral marketing be used in an advertising setting : When should peripheral marketing be used in an advertising setting?

Reviews

Write a Review

Business Economics Questions & Answers

  Qyoure the manager of global opportunities for a us

q.youre the manager of global opportunities for a u.s. manufacturer who is considering in europe expanding sales. as

  Wind power turbine produces maximum electrical output

A wind power turbine produces a maximum electrical output of 500 kilowatts. The turbine has a 15-year lifetime and the discount rate is 10%. The wind turbine costs $1 million for equipment prior to installation. Operation and maintenance costs are $5..

  Explain the problems of cannibalization and arbitrage

Explain the problems of “cannibalization” and “arbitrage” in the context of price discrimination and discuss how they can be avoided. Provide two examples of each problem (and possible solutions) from the publishing industry.

  What is the level of net exports or balance of trade

Suppose a country has total GDP (Y) = $10 trillion, consumption = $7 trillion, government spending = $3 trillion, investment = $2 trillion, and taxes = $1.7 trillion. What is the level of net exports or balance of trade? What is the level of private ..

  Emergency response service needs operators

A 911 emergency response service needs operators who are bilingual in English and Spanish. A few applicants of Spanish origin are rejected due to poor English-speaking skills. They file a complaint on the grounds of discrimination based on nationalit..

  Explain the economic consequences of such a course of action

Government A decides it wants to eliminate poverty and unemployment by immediately issuing 50,000 dollars/yr to all unemployed citizens. All said citizens receiving the 50,000 per year under this government are thereby not considered unemployed. Expl..

  Higher price and quantity in equilibrium

higher price and quantity in equilibrium

  U.s. government decides to levy a tax

Suppose that the U.S. government decides to levy a tax (such as an excise tax) on cola consumers. Before the tax, 20,000 cases of cola were sold every week at a price of $8 per case. after the teax,

  Quantity produced in monopolistic competition

Compared with perfect competition, quantity produced in monopolistic competition is inefficient as price is higher than marginal cost (i.e. allocative inefficiency). Why do some economists argue that even if price is higher than marginal cost, it doe..

  What is the total cost of pollution reduction in situation

Explain briefly why the sellers and buyers are each willing to do so. What is the total cost of pollution reduction in this situation.

  Encourage its employees to save money for retirement

In order to encourage its employees to save money for retirement, a large pharmaceutical company offers a guaranteed rate of return of 10% per year, without regard to the market interest rate. If a new engineer invests $5000 per year for 10 years at ..

  Decreasing-cost industry when some firms leave

What happens in a decreasing-cost industry when some firms leave and the industry's output contracts?

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