...Sampling and Data Collection Plan Shelly Resendez QNT 561 July 20, 2015 Ranjit Rebello TKMSA is our teams real estate company that sells condominiums to the public. TKMSA collects data that reflects trends that will help to increase sales and the profit margin. TKMSA will use a sample of its 1000 condominiums in Florida and will use the stratified sampling. This sampling will use the sub populations of ocean view and floor level in regards to the selling price of each unit. Target Population and Reasoning TKMSA is looking to build another condominium complex off the ocean front of Tampa Bay and the data used can help to determine the selling price of certain units based off the floor level and view. This gathered information will help TKMSA market to a certain type of the population and to decide if this is an actual profitable place to build. Sampling Element TKMSA will conduct a data mining process that will gather information regarding the selling price for floor level, view, demographics of the unit and the furnishings within the condo. Sampling theory is the field of statistics that is involved with the collection, analysis and interpretation of data gathered from random samples of a population under study. Not only is the theory concerned with selecting the proper observations but also uses the probability theory for analyzing the data from the sample to develop conclusions ("Sampling Theory", 2015)....
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...Sampling and Data Collection Plan QNT/561 Sampling and Data Collection Plan Newshore Medical Center is a manufacturer of pharmaceutical products that sells products to medical facilities throughout the United States. Our products encompass all aspects of life, from newborns to aging adults. Newshore Medical Center manufactures products from nutrition, medical supplies, and pharmaceuticals. The company recently incorporated a new division to manufacture diagnostic products. The goals of and objectives of data collection is to understand if a larger sales team would benefit for growth in the New England market. To do this we reached out to our customers in the New England area with a phone call and conducted a brief survey. The goal of the survey was to understand what was their preferred provider, and why. Was it cost? Availability of product? The real question we need answered above all is it because we need to have a more accommodating sales team for just that area. All data collection and measurement has been accurate and stable. Newshore Medical Center has 3,000 customers they supply to in the New England area. We were able to reach 75% of those customers. That is 2,250 customers that we were able to survey. The survey was approximately 15 minutes long. Out of the 2,250 customers, regions are formed to understand if one region is different than another. The regions include northern Maine, southern Maine, Costal Maine, east Massachusetts, west Massachusetts...
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...Sampling and Data Collection Plan QNT 561 August 3, 2014 Kevin Masick Sampling and Data Collection Plan. Customer service is an important part of any business and can mean the success or failure of a business. It is important to know that a business cannot make everyone happy but can do everything in their ability to make improvement in areas where customer service is lacking. Express Card (EC) customer service call center has declined in customer satisfaction in the last five years. Because of this finding Express Card has requested an independent research team to do a study to analyze data from two different data sets and formulate a plan of action towards the problems Express Card is facing. Population and size The population and size are determined by the estimated 40 million Express Card members. Since this is a large population size it is important to properly calculate the proper confidence level. The research team has selected a 95% confidence with 5% margin of error. Target Population and Brief Reasoning The target population, also called target audience, is the group of people the research team has chosen to get the necessary data from and form a conclusion. In order to have a logic model, the team will first need to identify the people surveyed and must be as specific as possible. The research will help establish areas where Customer Service is successful and where improvement is needed. The target group will be those customers...
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...1.1 create a plan for the collection of primary and secondary data for a given business problem. Primary Data Primary data can collect by using experiments, surveys, questionnaires, interviews, and observations. If you’ve already gathered this information, we can then analyze it and then come up with accurate results based on your needs. But if you haven’t already gotten this information together, no problem! We can also help with that step of data collection as well. (datacollectionservice.net, 2015) We make primary data collection easy * We create a questionnaire and interview * We design a survey * We choose the sample * We analyze the data Secondary Data Secondary data comes from resources that have already been published. You may have a running list of certain sources but there are so many published items in the world, it can be hard to find the one thing that will make a difference to your project. Collection of data from secondary sources is a treasure hunt and we are skilled researchers with an eye for diamonds. We have developed extensive lists of secondary sources of data collection and will utilize them for your project. Just because something is listed, as a secondary source for data collection doesn’t mean that it’s less important though. (datacollectionservice.net, 2015) Secondary data collection has never been easier * We define the values * We surf the webpages * We create a custom Table * We analyze and...
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...QNT 561 Week 3 Sample Size and Data Collection Click Link Below To Buy: http://hwaid.com/shop/qnt-561-week-3-sample-size-and-data-collection/ QNT 561 Week 3 Sample Size and Data Collection Sampling and Data Collection Plan – Assessment Activity – Week3 – QNT/561 – eCampus 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, in which the goal is to submit a random sampling plan in such detail that another researcher could replicate the method. Discuss the following: • Population and size • The target population and brief reasoning • Sampling element which may be conducted through any of the following: o Data mining o Survey (If a survey is chosen, create a 5-10 question document), or o Observation • The sample size • Method of random sampling which may include: o Simple o Stratified o Systematic o 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...
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...involvement, and satisfaction. It helps the organization in deciding employees promotion, transfer, incentives, pay increase. This study will help the researcher to develop an insight about the performance appraisal. This project is also a part of the curriculum of the researcher. This study report can serve as the preliminary information for advance research. DATA SOURCES AND METHODOLOGY: “A Research is a careful investigation or inquiry; especially through search for new facts in any branch of knowledge. It is a systemized effort to gain more knowledge.” RESEARCH DESIGN: Exploratory Research Design SAMPLING PLAN: * Sampling type: Simple random sampling * Sample Size: 30 employees * Sample area: BSNL Office, Ashokartna, Khamadih, Raipur (C.G.) * Statistical tool for analysis of data: Percentage method DATA COLLECTION: Data Sources: * Secondary Data, through the internet and the publishing of the firm. * Primary Data through Questionnaire * Through personal contact with employees. CHAPTER PLAN I. Introduction of identified problem II. Background of the study III. Data...
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...Size and Data Collection Follow Below Link to Download Tutorial https://homeworklance.com/downloads/qnt-561-week-3-sample-size-and-data-collection/ For More Information Visit Our Website ( https://homeworklance.com/ ) Email us At: Support@homeworklance.com or lancehomework@gmail.com Sampling and Data Collection Plan – Assessment Activity – Week3 – QNT/561 – eCampus 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, in which the goal is to submit a random sampling plan in such detail that another researcher could replicate the method. Discuss the following: • Population and size • The target population and brief reasoning • Sampling element which may be conducted through any of the following: o Data mining o Survey (If a survey is chosen, create a 5-10 question document), or o Observation • The sample size • Method of random sampling which may include: o Simple o Stratified o Systematic o 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...
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...question investigative question Question 2 Which of the following statements is false regarding the evaluation of alternatives? The selection of alternatives is determined by the decision variable chosen and the decision rule used Each alternative must be explicitly stated A decision variable is defined by an outcome that may be measured A decision rule is determined by which outcomes may be compared all of the above are true Question 3 Apple plans to survey every customer who has purchased an Apple computer in the last 5 years. Apple plans to use a _____. convenience sample snowball sample systematic sample census random sample Question 4 Ensuring consistency among respondents, locating omissions, and reducing errors in recording are all benefits of data collection data editing sampling coding data analysis Question 5 Reducing data to a manageable size, developing summaries, and applying statistical techniques are all aspects of sampling data collection pilot testing data analysis data transformation Question 6 A synopsis of the problem, findings, and recommendations are provided in the ____ section of a research report. executive summary abstract overview implementation technical appendix Question 7 Which section of a research report contains all the materials necessary to replicate the project? Executive summary Abstract Overview Implementation Technical appendix Question 8 Which of the following is not a common research...
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...Marketing Research test 2 Chapter 3 Secondary Data: -Data not gathered for the immediate study at hand. - Primary reason is to save time and money -Internal Secondary Data: -External Secondary Data -Sales Invoice -Periodicals -Accounts Receivable -Statistical Sources -Reports -Government Documents -Warranty Cards -Consumer Panels -Customer Letters -Past Research Results -Current Databases Literature Review: -Comprehensive examination of secondary info related to your research topic. -Provides background and contextual information -reveals whether info already exists -clarifies research problem and questions Syndicated Data -market research data that is collected, packaged and sold to different firms. -3 Common Methods: -Consumer Panels: large samples of households agree to provide data for an extended amount of time -Store Audits: formal examination and verification of how much a product or brand has been sold at the retail level -Optical Scanner Technology: point of purchase data is collected Hypotheses: suggests a relationship between variables 2 Types of Hypotheses: 1. Descriptive: Possible answer to specific business problems. 3 steps: 1. Review Research Problems 2. Write Down Questions 3. Brainstorm possible answers 2. Causal: theoretical statements about relationships between variables. Help businesses understand how to make changes. -What are the Relationships between variables? -Positive...
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...Sampling and Data Collection Plan QNT 561 December 21, 2015 Sampling and Data Collection Plan As part of a business research plan for Doctor Digital I will develop a sampling plan which will help prove the significant research question “Is there a significant relationship between cell phones features and cell phone unit sales? “ This research focuses on Doctor Digital Watch, a feature of the DD 6X cell phone, has a direct correlation to the increase in sales of the DD 6X cell phone. Assuming the number of new cell phone features are the motive behind the increased sales, and the expected number of Doctor Digital cell phones sold based on the number of new features. The relationship demonstrates two variables, independent and dependent. The focus on targeting a selected group of 384 returning customer and new customers. Every purchase will include incentives for the completion of an online survey. Each target group will be linked to two separate sites with independent questions. The following questions will be included in the online survey: Return Customers * Age? a) 15-25 b) 26-35 c) 36-45 d) 46-55 e) 56+ * Gender? a) M b) F * How long have you used our products? a) Less than 1 year b) 1-2 years c) 2-5 years d) 5-10 years e) 10+ years * Which product do you use? a) Smart Phone b) Smart Watch c) Other * How often do you purchase a new or upgraded cell phone? a) Every year ...
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...Agenda • Why is data required for BPR? Understand the types of data relevant to the process Learn how to identify which data to collect Understand sampling and other data collection techniques Why to collect data? • Data is used in process analysis − To quantify the problem at hand (“it takes too long for getting a passport” vs. “issuance of the passport takes 41 days on average”) − To identify which sub process is the least efficient − Shows bottlenecks, idle time, productive time • Use of Data in Monitoring & Evaluation − To identify the metrics to be monitored post implementation of BPR − Setting target metrics (“to-be” state) − To obtain baseline metrics (“as-is” state) -- To measure and showcase project success (“Average time for passport issuance has come down from 41 days to 5 days”) Measure of Excellence / Performance metrics Critical To Process metrics (CTPs) CTP parameters are the internal check for the health of the process What variables to select for data collection? • Broadly identify the universal set of independent variables (CTP) impacting the CTQ under consideration − Y = f(X1, X2, X3,….Xn) where Y is the CTQ (dependent variable) and Xis are the independent variables (CTPs) • Use a structured process for short-listing the CTPs for which data collection needs to be done • e.g.: Time taken for issuance of passport is a CTQ in the passport issuance process • Time taken for passport issue = f (time taken to file ...
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...RESEARCH DESIGN 3.1 INTRODUCTION In this chapter the researcher describes the plan on how the study will be carried out in order to obtain the required data. This chapter looks at the nature and design of the study concentrating on the various categories of the study design. The chapter will look at research procedure, data collection technique, sampling, population and the location of the study, limitations of the study as well as ethical considerations. Data analysis and presentation will also be included in this chapter. 3.2 NATURE OF THE STUDY The study will be qualitative in nature. According to Babbie (1998), qualitative research refers to non-numerical examination and the presentation of observations for the purpose of discovering underlying meanings and patterns of relationships. Bless et al (2006), also maintain the same line of thinking noting that qualitative research is a research which is conducted using a number of methods which use qualifying words and descriptions to record and investigate aspects of social reality. Given these definitions of qualitative research this study will be best carried out using qualitative study given the fact that it is meant to investigate aspects of social reality. Moreover the study will be investigating people’s opinions and feelings which can be best revealed in words and symbols. 3.3 RESEARCH DESIGN (STRATEGY) Research design refers to a plan of how one intends to carry out the research. Basically it focuses on the logic...
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...CHAPTER 4 4.1 REVIEW OF THE LITERATURE The purpose of the literature review is to identify the problem statement, understand the secondary data that has been gathered in the field of study and to make new finding on the problem statement. Current Status of Employment of Disabled People in Indian Industries by JavedAbidi. Source: www.aifo.it This study was conducted by the National Centre for Promotion of Employment for Disabled People, an organization working as an interface between the government, industry, non-governmental organizations and international agencies, to promote employment opportunities for people with disabilities in India. The aim of the study was to identify the current practices of Indian industry with regard to the employment...
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...provided an overview of service quality of bank and its impact on customer loyalty and customer satisfaction. A descriptive research was carried out for the purpose of this study and data was collected from a survey. This chapter will explain how the research has been carried out, the sources data collection, the sampling plan, the questionnaire design, the procedures used for analysis of the data and also the limitation of the methodology. 3.2 Research design Research design is the plan and structure of investigation so conceived as to obtain answers to research questions. The design is always based on research questions. Research is a complex process, which constitutes...
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...Task1 (a) Create a plan for the collection of primary and secondary data for the above investigation. Primary Data is research that has been conducted by your organization, first hand. It is also known as Field Research. It is usually more reliable than secondary data, because it is usually more accurate since you collected it yourself. Primary data is specific and relevant to your products and services. However, Primary Data is often very time consuming to collect, and usually costs more to create than purchasing secondary data reports. You must take special care when collecting primary data. It needs to be relevant, current, and as unbiased as possible. Primary Data is relevant when it directly applies to your company's products and services. It is relevant when it relates to the problems you are trying to solve, and the marketing goals of your organization. Primary Data is current when it is recent, and directly corresponds to the profile of your customers TODAY. Primary Data is unbiased when your subjects have been honest and open during data collection. When constructing your Primary Data collection plan, you must consider research methods, contact methods, the sampling plan, and your research instruments. To create a plan for the collection of primary data, which is survey the attitude of the employees towards a computerized service system, you must first request for the permission to carry out the survey in the company. After the permission is approved,...
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