Please do STEP 4 only. STEPS IN THE SAMPLING PROCESS: Define the population from which the sample is to be drawn. Specify the population frame from which the sample will be taken. Choose the sampling methods on selecting samples. Determine the sample size requirement for the study Select the actual samples. Bases on above steps, assuming that a study on risk management practices is to be conducted among 4,488 entrepreneurs wherein 2,244 are college graduates, 1,346 are high school graduates and the remaining 898 are elementary graduates. Furthermore 1,795 of them are into food business, 1,571 are into merchandising or trading business and the others 1,122 are into services business. REQUIRED: Apply the steps in the Sampling plan in order to select the actual samples and make your own assumptions: Each step is identified and explained properly.

Please do STEP 4 only. STEPS IN THE SAMPLING PROCESS: Define the population from which the sample is to be drawn. Specify the population frame from which the sample will be taken. Choose the sampling methods on selecting samples. Determine the sample size requirement for the study Select the actual samples. Bases on above steps, assuming that a study on risk management practices is to be conducted among 4,488 entrepreneurs wherein 2,244 are college graduates, 1,346 are high school graduates and the remaining 898 are elementary graduates. Furthermore 1,795 of them are into food business, 1,571 are into merchandising or trading business and the others 1,122 are into services business. REQUIRED: Apply the steps in the Sampling plan in order to select the actual samples and make your own assumptions: Each step is identified and explained properly.

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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