Question

ASW, a regional shoe chain, has recently launched an online store. Sales via the Internet have...

ASW, a regional shoe chain, has recently launched an online store. Sales via the Internet have been sluggish compared to their brick and mortar stores, and management suspects that its regular customers have concerns regarding the security of online transactions. To determine if this is the case, they plan to survey a random sample of their regular customers. Under consideration are several plans for selecting the sample. Name the sampling strategy for each.

In the ASW study just described,

  1. Identify the population of interest.
  2. Define the parameter.
  3. What is the sampling frame?
  4. How might the results be biased?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

i) Population of interest : regular customers to the regional shoe chain

ii) parameter : proportion of customers who have concerns regarding the security of online transactions

iii) sampling frame : proportion of customers who have concerns regarding the security of online transactions in the random sample

iv) The results might be biased as the results have been taken from those regular customers who comes to the stores, so this may be case that they do not like online shopping.

Add a comment
Know the answer?
Add Answer to:
ASW, a regional shoe chain, has recently launched an online store. Sales via the Internet have...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Question 1 ASW, a regional shoe chain, has recently launched an online store. Sales via the...

    Question 1 ASW, a regional shoe chain, has recently launched an online store. Sales via the Internet have been sluggish compared to their brick and mortar stores, and management suspects that its regular customers have concerns regarding the security of online transactions. To determine if this is the case, they plan to survey a random sample of their regular customers. Under consideration are several plans for selecting the sample. Name the sampling strategy for each. Plan A - Regular customers...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT