Probability sampling and nonprobability sampling

Assignment Help Business Law and Ethics
Reference no: EM13811279

As part of its bankruptcy restructuring, General Motors (GM) launched a new ad campaign on June 3, 2009, that was meant to feature a streamlined GM: fewer brands-including the Cadillac, Buick, Chevrolet, and GMC brands-and fewer models within each brand. What research would you have done to determine which vehicles models GM should retain and which it should drop? What would you have measured and with what type of measurement scale?

As we saw last week, getting data to measure is critical. But how do we get the data in the first place? Usually, we have to take a sample -- but it has to be the right sample, or, our data collection will not be accurate or valid. Give an example of a population and a sample from that population. What is the difference between probability (random) sampling and nonprobability (non-random) sampling? When should you use one vs. the other?

Reference no: EM13811279

Questions Cloud

What is procedural or algorithmic programming : What is procedural or algorithmic programming? What is object-oriented programming? What is the role of code reuse in object-oriented programming
What is the retained earnings balance at the end of the year : Fields and Flowers had beginning retained earnings of $63,100. During the year, the company reported sales of $127,800, costs of $89,900, depreciation of $11,200, dividends of $2,800, and interest paid of $3,400. The tax rate is 35%. What is the reta..
Company stays solvent and is not too liquid : As a financial manager, what can you do to make sure your company stays solvent and is not too liquid? How do you determine if the company has too much liquidity?
What is the amount of the costs incurred by the firm : Jonstone Nurseries, Inc., incurred depreciation expenses of $31,300 last year. The sales were $212,000 and the addition to retained earnings was $18,405. The firm paid interest of $5,100 and dividends of $7,500. The tax rate is 34%. What is the amoun..
Probability sampling and nonprobability sampling : What is the difference between probability (random) sampling and nonprobability (non-random) sampling? When should you use one vs. the other
Aviation security viewpoint : Write a paper comparing the two primary considerations, from the aviation security viewpoint, of both landside and terminal security system design planning.
Systemic risk evaluates the probability : Systemic risk evaluates the probability and extent of negative consequences to the larger body. For example, the government has a record of intervening in the event of a probable bank failure; the government’s larger concern is the negative impact on..
Advantages of using surveys to collect data : What is survey research? What are the advantages and disadvantages of using surveys to collect data? Describe a research situation where survey research is appropriate and explain why
Develop one or two specific hypotheses for your research : Based on that management dilemma, define a possible management question and accompanying research question. Then, develop one or two specific hypotheses for your research question that might account for misdirected or dropped calls

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

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