Concept explainers
Sampling Methods: Benefits Package An important part of employee compensation is a benefits package, which might include health insurance, life insurance, child care, vacation days, retirement plan, parental leave, bonuses, etc. Suppose you want to conduct a survey of benefits packages available in private businesses in Hawaii. You want a
- (a) Assign each business in the Island Business Directory a number, and then use a random-number table to select the businesses to be included in the sample.
- (b) Use postal ZIP Codes to divide the state into regions. Pick a random sample of 10 ZIP Code areas and then include all the businesses in each selected ZIP Code area.
- (c) Send a team of five research assistants to Bishop Street in downtown Honolulu. Let each assistant select a block or building and interview an employee from each business found. Each researcher can have the rest of the day off after getting responses from 20 different businesses.
- (d) Use the Island Business Directory. Number all the businesses. Select a starting place at random, and then use every 50th business listed until you have 100 businesses.
- (e) Group the businesses according to type: medical, shipping, retail, manufacturing, financial, construction, restaurant, hotel, tourism, other. Then select a random sample of 10 businesses from each business type.
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Chapter 1 Solutions
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