Identify the Sampling Technique Used in the Following Information

question 8

Multiple Choice

Identify the sampling technique used in the following information. An important part of employee compensation is a benefits package that 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 sample size of 100. Sampling technique used to get the sample size of 100 is described below.
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.

• A)Convenience sample
• B)Simple random sample
• C)Systematic sample
• D)Cluster sample
• E)Stratified sample

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Definitions:

Financial Meltdown

A severe and sudden downturn in the financial markets, often characterized by the collapse of financial institutions, plummeting stock prices, and a lack of consumer confidence.

Perceptual Tendencies

The natural biases or inclinations in the way people perceive and interpret information from their environment.

Sensing

The process of receiving and interpreting information through the five senses to understand and interact with the environment.

Gathering Data

The process of collecting information or facts from various sources to be used for analysis or decision-making.