Answer & Explanation:Looking
to improve sales for Khol’s
1.Focus on a
single business concern such as generating revenue; do income levels impact the
revenue generated at store locations?
2.Variables:
select a single independent variable – revenue. The dependent variable
could be income level.
3.Examine the
relationship between the variables in the hypothesis statement:
a.Ho:
Revenue is not correlated with consumer income level.
b.Ha:
Revenue is correlated with consumer income level.
Part
1: Sampling Design
Write a 350- to 700-word paper usingthe scenario and two variables your learning
team developed for the Week 2 Business Research Project Part 1 assignment, in
which the goal is to submit a random sampling plan in such detail that another
researcher could replicate the method.
Discuss the following:
· Population and size
· The target population and brief reasoning
· Sampling element which may be conducted through
any of the following:
oData mining
oSurvey (If a survey is chosen, create a 5-10
question document), or
oObservation
· The sample size
· Method of random sampling which may
include:
oSimple
oStratified
oSystematic
oCluster
Calculate the sample size for the mean or sample or
sample size for the proportion, using a 95% confidence level, estimated
population standard deviation or estimate of the true population proportion,
and a 5% margin of error. Place the calculation in the Appendix.
Discuss how validity and reliability will be
achieved.
If applicable, explain how human subjects will be protected.
Part
2: Data Collection
Explain how the data will be physically collected.
Explain where data will be stored and how it will
be protected.
Format your paper consistent with APA guidelines.
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