Business
Business, 05.06.2020 20:00, GrainLeaf

Bid One: The Maid of the Mist union-employees of the company that operates the boats that take tourists on the Niagara River to view and experience the falls-proposes to do the interviews with tourists who are waiting for the Maid boats to return and load up. Union employees will conduct interviews with 1,000 adult American tourists (1 per family group) during a one-week period in July at $3 per completed interview. Bid Two: The Simpson Research Company, a local marketing research company, proposes to take a sample of the five largest association member hotels and conduct 200 interviews in the lobbies of these hotels with American tourists (1 per family) during the months of July and August at a cost of $5 per completed interview. Bid Three: The SUNY-Niagara Marketing Department, an academic unit in the local university, proposes to randomly select 20 hotels from all hotels in the area (not just those belonging to the Tourism Association) and to then select a proportional random sample of rooms, using room numbers, from each selected hotel based on hotel room capacities. It will interview 750 American tourists (1 per family) in their rooms during the period of June 15-September 15 at a cost of $10 per completed interview. 1. What is the sample frame in each bid?2. Identify the type of sample method and assess the representativeness of the sample with respect to American tourists visiting the Niagara Falls area.3. Evaluate the accuracy (sample error) with each bid.4. The Niagara Falls Tourism Association has budgeted $5,000 for data collection in this survey. Using information from your answers to questions 1 to 3 and further considering the total cost of data collection, which one of the proposals do you recommend that the Niagara Falls Tourist Association accept? Justify your recommendation

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 19:10, postorivofarms
If we know that a firm has a net profit margin of 4.6 %, total asset turnover of 0.62, and a financial leverage multiplier of 1.54, what is its roe? what is the advantage to using the dupont system to calculate roe over the direct calculation of earnings available for common stockholders divided by common stock equity?
Answers: 2
image
Business, 22.06.2019 08:00, vandonquisenberry
Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate
Answers: 2
image
Business, 22.06.2019 10:50, stodd9503
Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate. a. after a long search, jon finds a job. b. tyrion, a full-time college student, graduates and is immediately employed. c. after an unsuccessful job search, arya gives up looking and retires. d. daenerys quits her job to become a stay-at-home mom. e. sansa has a birthday, becomes an adult, but has no interest in working. f. jaime has a birthday, becomes an adult, and starts looking for a job. g. cersei dies while enjoying retirement. h. jorah dies working long hours at the office.
Answers: 2
image
Business, 22.06.2019 11:50, ayoismeisalex
Select the correct answer. ramon applied to the state university in the city where he lives, but he was denied admission. what should he do now? a. change his mind about graduating and drop out of high school so he can start working right away. b. decide not to go to college, because he didn’t have a backup plan. c. stay positive and write a mean letter to let the college know that they made a bad decision. d. learn from this opportunity, reevaluate his options, and apply to his second and third choices.
Answers: 2
Do you know the correct answer?
Bid One: The Maid of the Mist union-employees of the company that operates the boats that take touri...

Questions in other subjects:

Konu
Mathematics, 27.01.2022 14:20
Konu
Mathematics, 27.01.2022 14:30