Professional Documents
Culture Documents
MKTG 4110 Class 14
MKTG 4110 Class 14
DEFINITIONS
A population is any complete group with at least one characteristic in common
Both provide information to draw general conclusions about the entire population,
but it is often costly to study the entire census
When the population set by the sampling frame differs from the (ideal) population
in a systematic way
KEY DISADVANTAGES
REASONS TO STRATIFY
DISADVANTAGES
* Subjects overlapping into multiple groups
• Finding exhaustive list of groups might be challenging
Sampling Methods: Cluster Sampling
E=0.03
p=0.50 (the most conservative estimate)
Z=1.96 (corresponding to 95% confidence)