Determining Sample Design, Operation Management

Assignment Help:

Determining Sample Design:

All the items consideration in any field of inquiry constitute a universe or population. A complete enumeration of all the items in the population is known as a census inquiry. In such an inquiry when all the items are covered no element of chance is left and highest accuracy is obtained. But in practice this may not be true. This type of inquiry involves a great deal of time money and energy. Not only this census inquiry is not possible in practice under many circumstances.

The researcher must decide the way of selecting sample or the sample design. A sample design is a definite plan determined before any data are actually collected for obtaining a sample from a given population. Samples can be either probability samples or non probability sample with probability samples each element has a known probability of beings included in the sample but the non probability samples do not allow the research to determine this probability.


Related Discussions:- Determining Sample Design

Typical financial performance measures, Typical Financial Performance Measu...

Typical Financial Performance Measures  Profitability - Profit margin, return on capital invested, return on equity Liquidity - Current ratio, cash position, working ca

What is a quality management system, Question: (a) What is a Quality Ma...

Question: (a) What is a Quality Management System (QMS) and why should an organization implement a Quality Management System? (b) Explain the eight fundamental Quality Manag

Larger quantity purchases, A vendor's gives discounts to entice larger quan...

A vendor's gives discounts to entice larger quantity purchases.  The price breaks are as follows: Order Size    Discount    Unit Price     0 - 40              0%           $30 50

What kind of financial ratio might provide insight, Mary Ann has always lov...

Mary Ann has always loved to cook and is interested in starting a catering business. Being aware of the failure rate of new businesses, she is considering buying an existing cateri

Practice Question.., 4. (32 points) You and your roommate are planning to o...

4. (32 points) You and your roommate are planning to open “Pizza In The Dorm” to make and distribute fresh pizza from your dorm room. You plan to provide 100% fresh, high quality p

Which place would you choose for new software company why, If you could loc...

If you could locate your new software development company anywhere in the world, which place would you choose, and why?

Lay out, how does an operation manager decide what layout type is most appr...

how does an operation manager decide what layout type is most appropriate for his or her business

Explain how can healthcare service providers avoid claims, Part I: Avoid cl...

Part I: Avoid claims rejections A payer may delay or deny payment because of inaccurate or missing information in a submitted claim. Many contracts require payment within a spec

Factor rating method, East Coast Manufacturing, Inc. plans to locate a new ...

East Coast Manufacturing, Inc. plans to locate a new production facility in Hartford, Philadelphia, or Baltimore.  Six location factors are important:  cost per product unit, labor

Write Your Message!

Captcha
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