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Data analysis and decision making

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Reference no: EM131347201

Question:Sampling

For your initial post, provide an example of when you might want to take a cluster random sample instead of a simple random sample, and explain what the advantages of a cluster sample might be. Also, explain how you would choose the cluster sample.

Albright, S. C, & Winston, W. L. (2017). Business Analytics: Data Analysis and Decision Making (6th ed.). Boston, MA: Cengage Learning

Chapter 7: Sampling and Sampling Distributions

Chapter 8: Confidence Interval Estimation

Chapter 9: Hypothesis Testing

Verified Expert

This task provides a clear description on cluster sampling method. it also provides a difference between simple random sampling and cluster sampling techniques and the advantages of cluster sampling

Reference no: EM131347201

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