Assignment: Sampling and Data Collection Plan
Part 1: Sampling Design
Write a 350- to 700-word paper using the scenario and two variables your learning team developed for the Week 2 Business Research Project Part 1 assignment, (Independent and Dependent Variable The (IV) independent variable; also referred to as the predictor variable is Public Image, and the (DV) dependent variable; synonymously referred to as the criterion variable is the Sales dollars.Banana Inc. will monitor how the (IV) influences the (DV).) In which the goal is to submit a random sampling plan in such detail that another researcher could replicate the method.
Discuss the following:
1. Population and size
2. The target population and brief reasoning
3. Sampling element which may be conducted through any of the following:
a. Data mining
b. Survey (If a survey is chosen, create a 5-10 question document), or
c. Observation
4. The sample size
5. Method of random sampling which may include:
a. Simple
b. Stratified
c. Systematic
d. Cluster
Calculate the sample size for the mean or sample or sample size for the proportion, using a 95% confidence level, estimated population standard deviation or estimate of the true population proportion, and a 5% margin of error. Place the calculation in the Appendix.
Discuss how validity and reliability will be achieved.
If applicable, explain how human subjects will be protected.
Part 2: Data Collection
Explain how the data will be physically collected.
Explain where data will be stored and how it will be protected.
Format your paper consistent with APA guidelines.