timer Asked: Aug 17th, 2013
account_balance_wallet $35

Question Description

The Nevada National Bank, headquartered in Las Vegas, has some 400,000 users of its credit card scattered throughout the state. The application forms for the credit card ask for the usual information about name, address, phone, income, education, and so on, that is typical of such applications. The bank is interested in determining if there is any relationship between the uses of the card and the socioeconomic characteristics of the user; e.g., is there a difference in the characteristics of those people who use the credit card for major purchases only (e.g., appliances) and those who use it for minor as well as major purchases?

a. Identify the population and sampling frame that would be used by the bank.

b. Indicate how you would draw a simple random sample from the sampling frame identified in part a.

c. Indicate how you would draw a stratified sample
from the sampling frame.

d. Indicate how you would draw a cluster sample
from the sampling frame.

e. Which method would be preferred? Why?

The paper must be two to three pages in length and formatted according to APA style.*

Tutor Answer

School: UC Berkeley

flag Report DMCA

Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

Similar Questions
Hot Questions
Related Tags
Study Guides

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors