Discussion: Participant SelectionRecall from your previous research classes that creating a sample for a qualitative study is guided by very different principles than for those that guide quantitative study.To prepare for this Discussion:There are “rules of thumb” that guide each qualitative approach. Review Patton’s chapter on sampling types, and study sampling strategies in research articles on the approach you have chosen.Review the articles on data saturation and theoretical saturation, and consider which criteria you will follow to estimate “how many.” Remember, in qualitative research, one case can be enough. If your phenomenon is complex or you are interested in a range of experiences, then you will need more cases.Reflect on your research problem and question. What are the essential characteristics of participants that you want to recruit?By Day 3Prepare a Discussion post in which you address the following:Present the most current version of your research question and state the phenomenon of interest.Describe the criteria for inclusion and exclusion.Describe in detail the choices for sample size, data saturation, and theoretical saturation. Justify your choices with citations of research studies that use the same strategy and/or of methodological articles that describe the rationale.Put yourself in the participant’s position, and consider the assurances you would want to hear to ensure that your privacy is respected and that your identity will not be revealed when the study is published. Include those assurances in your invitation.

Finer Suit Company sells suits in the US and the European Union. The company monitors its suit sales by collecting randomly chosen data from store locations throughout the US. They record list price (in dollars), sale price (in dollars), and number of days it takes to sell each suit. Data was collected from 200 suits sold in the US and 200 in the EU region. The complete data set is in the file named Suits.Managerial ReportPrepare a report (see Module folder) that summarizes your assessment of the nature of the suit market in each region. Be sure to include the following seven items in your report.Descriptive statistics (mean, median, range, standard deviation, and coefficient of variation) to summarize each of the three variables for the all US suits. Use z-scores to determine if there any outliers in the data set for any of the three variables. If there are any outliers in any category, please list them and state for which category they are an outlier. If a result is an outlier, state whether it is below or above the mean.Descriptive statistics (mean, median, range, standard deviation and coefficient of variation) to summarize each of the three variables for the all EU suits. Use z-scores to determine if there any outliers in the data set for any of the three variables. If there are any outliers in any category, please list them and state for which category they are an outlier. If a result is an outlier, state whether it is below or above the mean.Compare your summary results from #1 and #2. Discuss any specific statistical results that would help Finer Suits understand its business.Develop a 99% confidence interval estimate of the population mean sales price and population mean number of days to sell for US suits. What is the Margin of error? What are the lower (or left) and upper (or right) endpoints of the confidence interval? Interpret your results.Develop a 99% confidence interval estimate of the population mean sales price and population mean number of days to sell for EU suits. What is the Margin of error? What are the lower (or left) and upper (or right) endpoints of the confidence interval? Interpret your results.Assume the Finer Suit Company requested estimates of the mean List Price for the US suits with a margin of error of $600 and the mean List Price of EU suits with a margin of error of $600. Using 99% confidence, how large should the sample sizes be for each?Suppose a US suit has a list price of $1,500 and a EU suit has a list price of $1,200. What is your estimate of the final selling price (based on the percent difference for the sale and list price) and number of days required to sell each of these suits?Write a report that adheres to the Written Assignment Requirements under the heading “Expectations for CSU-Global Written Assignments” found in the CSU-Global Guide to Writing and APA Requirements (Links to an external site.)Links to an external site.. As with all written assignments at CSU-Global, you should have in-text citations and a reference page. An example paper is provided in the MTH410 Guide to Writing with Statistics. (link provided in the Modules tab)Submit your Excel file in addition to your report. Requirements:Paper must be written in third person.Your paper should be four to five pages in length (counting the title page and references page) and cite and integrate at least one credible outside source. The CSU-Global Library (Links to an external site.)Links to an external site. is a great place to find resources.Include a title page, introduction, body, conclusion, and a reference page.The introduction should describe or summarize the topic or problem. It might discuss the importance of the topic or how it affects you or society as a whole, or it might discuss or describe the unique terminology associated with the topic.The body of your paper should answer the questions posed in the problem. Explain how you approached and answered the question or solved the problem, and, for each question, show all steps involved. Be sure this is in paragraph format, not numbered answers like a homework assignment.The conclusion should summarize your thoughts about what you have determined from the data and your analysis, often with a broader personal or societal perspective in mind. Nothing new should be introduced in the conclusion that was not previously discussed in the body paragraphs.Include any tables of data or calculations, calculated values, and/or graphs associated with this problem in the body of your assignment.Document formatting, citations, and style should conform to APA regulations