(Answered) Income can have significant effect on peoples spending

Management Studies

Income can have significant effect on people's spending patterns. Research studies have revealed that consumer expenditure is influenced by various factors such as their income, gender, age and level of education. In order to investigate the relationship between food expenditure and take home pay in Australia, a researcher plans to survey a sample of individuals across the country.

(a) What type of survey method the researcher could use and why?

(b) What sampling method could the researcher use to select his/her sample and why?

(c) What are the two main variables the researcher should consider collecting data for the purpose of the above analysis and why? Identify the data type(s) for the variables.

(d) What kind of issues the researcher may face in this data collection?

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92512882
Price:- $20

Verified Expert

Priced at $40 Now at $20, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

How are discounts recorded in a perpetual inventory system

How are discounts recorded in a perpetual inventory system versus a periodic inventory system?

What is the purpose of dual career systems what can you do

What is the purpose of dual career systems? What can you do to ensure that dual career systems are effective?

Focus on the bill of rights specifically select five of the

Focus on the Bill of Rights. Specifically, select five of the first ten amendments then describe how each protects you from government action and how each one has impacted your life. Keep in mind that some of the Founder ...

Research and discuss motivation and empowerment citing 2

Research and discuss motivation and empowerment, citing 2 theorists. Apply these theories to the situation, so employees may be more motivated and empowered. If you were the leader, how would you use the 2 theories you ...

Six customers enter a three-floor restaurant each customer

Six customers enter a three-floor restaurant. Each customer decides on which floor to have dinner. Assume that the decisions of different customers are independent, and that for each customer, each floor is equally likel ...

Argue why wireshark should be outlawed and it is a clear

Argue why Wireshark should be outlawed and it is a clear violation of privacy act and then argue why it should not be out outlawed and that it is a vital resource to be freely used and does not violate the privacy act

What is the rationale for developing an annual fund

What is the rationale for developing an annual fund campaign when it would be less expensive for the organization to have few large donors rather than many small donors? Please describe the reason for annual fund campaig ...

Do you believe there are any reasons a company would not

Do you believe there are any reasons a company would not want or need to engage in social media marketing in today's world?

What are some factors to consider when determining which

What are some factors to consider when determining which sorting algorithm would be best to utilize? Provide an example of how a list of elements can be sorted in an efficient manner.

The decision to globalize operations is very complex and

The decision to globalize operations is very complex and not without risks. Chose a company that has not yet globalized and answer the following: Describe how would you decide if the best option was to expand globally An ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert