What are the benefits to be gained by knowing that a proposed sample is more than 5% of the total population’s size?

What are the benefits to be gained by knowing that a proposed sample is more than 5% of the total population’s size? In what marketing situation might this be a common occurrence? A researcher knows from experience the average costs of various data collection alternatives, as represented in the following table: Data Collection Method Cost/Respondent Personal interview $50 Mall Intercept interview $15 Telephone interview $10 Online Panel survey $ 3 If $2,500 is allocated in the research budget for data collection, what are the levels of accuracy for the sample sizes allowable for each data collection method? Based on your findings, comment on the inappropriateness of using cost as the only means of determining sample size.

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Explain the relevance of SSAE 18 and what does it report on.

Using an Internet web browser, search for AICPA’s Statement on Standards for Attestation Engagements (SSAE) No. 18, and perform the following: a. Explain the relevance of SSAE 18 and what….

What is the most profitable level of output per week for the new product

ABC plc is about to launch a new product. Facilities will allow the company to produce up to 20 units per week. The marketing department has estimated that at a….

Calculate the unit selling prices which will: (a) maximise revenue; and (b) maximise profit.

B Ltd manufactures blodgets. It has been ascertained that the market for blodgets is follows:   ● at unit price £20, no blodgets are demanded or sold; ● at unit….