Using the scenario and two variables your learning team developed for the Week 2 Business Research Project Part 1 assignment, create a paper of no more than 700 words in which the goal is to submit a random sampling plan in such detail that another researcher could replicate the method.
Discuss the following:
(a) Population and size
(b) The target population and brief reasoning
(c) Sampling element which may be conducted through any of the following:
- Data mining
- Survey (If a survey is chosen, create a 5-10 question document), or
- Observation
(d) The sample size
(e) Method of random sampling which may include:
- Simple
- Stratified
- Systematic, or
- Cluster
Calculate the sample size using a 95% confidence level, and a 5% margin of error. Place the calculation in the Appendix.
Discuss how validity (and reliability) will be achieved.
Explain how human subjects will be protected (if applicable).
Data collection
Explain how the data will be physically collected.
Explain where data will be stored and how it will be protected.