What are the two most important considerations in determining an appropriate sample size Quizlet
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15. If we were to graph the relationship of sample size (x axis) to sample accuracy (y axis), we would notice that: Show
a. There is a linear relationship between size and accuracy. 26. What three factors are needed to calculate sample size? a. Variability, accuracy, and confidence level 33. Which of the following statements best illustrates the concept of the "level of confidence" or z value chosen in sample size formulae? A) By setting z at 1.96 it
means that the manager could expect, if she conducted the survey many, many times, the value of p would fall within the sample error range 95 percent of the time. 91. A study is to be performed for a local restaurant, McGuire's, and Mr. McGuire wants to know the awareness of the restaurant name as well as satisfaction with food, service, and prices. Furthermore, being in the restaurant business for many years, Mr. McGuire is certain that he has very different clientele depending on which meal and whether they are there during the weekdays or weekends. Therefore, he wants to know answers to these issues by subgroups such as those who have eaten lunch meals, dinner meals, weekday patrons, and weekend patrons. Given these analysis goals, which sample size approach should be considered? A) Arbitrary approach
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Get faster at matching terms Terms in this set (6)degree of precision desired by the researcher types of sampling procedure the use of formulas (slovin's formula) other considerations (acceptable sizes for the different types of research) factors to consider in determining the sample size slovin's formula used to compute for sample size used when you have limited information about the characteristics of the population descriptive research 10% - 20% may be required correlational research 30 subjects or respondents comparative research 15 subjects / group experimental design 15 - 30 subjects per group Sets with similar termsChapter 528 terms Tyvark Research design25 terms Wattsyyy Marketing Research- Chapter 359 terms embaird26 EMB Practice Questions72 terms kaylyn_freeman_MU Sets found in the same folderConceptual Framework11 terms anxelandraPLUS Quantitative Research Methodology37 terms anxelandraPLUS Review of Related Literature5 terms anxelandraPLUS Participants of the Study6 terms anxelandraPLUS Other sets by this creatorPainting36 terms anxelandraPLUS [spanish] preteritos9 terms anxelandraPLUS [health] bandages10 terms anxelandraPLUS [health] basic terms and definitions in first aid…24 terms anxelandraPLUS Verified questionsQUESTION Assume the following relationships for the Caulder Corp.: $$ \begin{matrix} \text{Sales/Total assets} & \text{1.3 }{\times}\\ \text{Return on assets (ROA)} & \text{4.0\\%}\\ \text{Return on equity (ROE)} & \text{8.0\\%}\\ \end{matrix} $$ Calculate Caulder’s profit margin and debt-to-capital ratio assuming the firm uses only debt and common equity, so total assets equal total invested capital. Verified answer
QUESTION Discuss the following statement: All else equal, firms with relatively stable sales are able to carry relatively high debt ratios. Is the statement true or false? Why? Verified answer QUESTION Differentiate between ROE and ROIC. Verified answer QUESTION Suppose Chance Chemical Company’s management conducted a study and concluded that if it expands its consumer products division (which is less risky than its primary business, industrial chemicals), its beta will decline from 1.2 to 0.9. However, consumer products have a somewhat lower profit margin, and this would cause its constant growth rate in earnings and dividends to fall from 6% to 4%. The following also apply: $\mathrm{r}_{\mathrm{M}}=9 \%, \mathrm{r}_{\mathrm{RF}}=6 \%$, and $\mathrm{D}_{0}=\$ 2.00$. a. Should management expand the consumer products division? Explain. b. Assume all the facts given except the change in the beta coefficient. How low would the beta have to fall to cause the expansion to be a good one? Verified answer Other Quizlet setsMarketing30 terms egreengarten Acc. Bio - Chapter 1 : The Science of Biology41 terms tutor600 RMI 377 (BSU) FINAL (CH 7-10)55 terms cjschacher PSY 1013 FINAL MB70 terms Megan_Berry15 What are the two most important considerations in determining an appropriate sample size?When thinking about sample size, the two measures of error that are almost always synonymous with sample sizes are the confidence interval and the confidence level.
What are the factors to consider in determining the sample size?In general, three or four factors must be known or estimated to calculate sample size: (1) the effect size (usually the difference between 2 groups); (2) the population standard deviation (for continuous data); (3) the desired power of the experiment to detect the postulated effect; and (4) the significance level.
What two considerations should be the primary criteria for choosing sample size quizlet?Three items required to calculate the proper sample size for a survey.. the variability believed to be in the population.. the acceptable margin of sample error.. the level of confidence required in your estimates of the population values.. Which of the following should be considered when determining sample size quizlet?Which of the following should be considered when determining sample size? The number of variables the researcher is interested in.
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