You work for a small company that designsand sells women’s trendy rubber rain boots throughout the U.S. Sales havebeen strong, but you think they could be stronger. You have begun themarket research process and are now ready to design the sample. Will youdesign a probability sample or a nonprobability sample? What type of probability or nonprobability sample will you use? What are the advantages of the method that you chose? What are the limitations of the method you chose
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
You work for a small company that designs
and sells women’s trendy rubber rain boots throughout the U.S. Sales have
been strong, but you think they could be stronger. You have begun the
market research process and are now ready to design the sample. Will you
design a probability sample or a nonprobability sample? What type of probability or nonprobability sample will you use? What are the advantages of the method that you chose? What are the limitations of the method you chose
It is given that a company that design the trendy rubber boots and sales throughout the U.S wants to improve their sales. For this purpose they are design a sample.
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