Q3: Suppose the population size of the students is 2000 in five different programs of the institute. You want to have big sample and want to generalize the results.Answer the following two questions about this scenario:You also want to go systematic about your sample. What sampling technique will you choose, how will you make a sample and why? What will be your data collection technique in this situation and why? How will you collect data?

Answered: Suppose the population size of the…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Q3: Suppose the population size of the students is 2000 in five different programs of the institute. You want to have big sample and want to generalize the results.

Answer the following two questions about this scenario:

You also want to go systematic about your sample. What sampling technique will you choose, how will you make a sample and why?
What will be your data collection technique in this situation and why? How will you collect data?

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