QNT/561Sampling and Data Collection Plan Part 1: Sampling DesignWritea 350- to 700-word paper usingthe scenario and two variables your learning team developed for the Week 2 Business Research Project Part 1 assignment, (Independent and Dependent Variable The (IV) independent variable; also referred to as the predictor variable is Public Image, and the (DV) dependent variable; synonymously referred to as the criterion variable is the Sales dollars. Banana Inc. will monitor how the (IV) influences the (DV).) In which the goal is to submit a random sampling plan in such detail that another researcher could replicate the method.Discussthe following:Population and sizeThe target population and brief reasoningSampling element which may be conducted through any of the following:Data miningSurvey (If a survey is chosen, create a 5-10 question document), orObservationThe sample sizeMethod of random sampling which may include:SimpleStratifiedSystematicClusterCalculate 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 CollectionExplain how the data will be physically collected.Explain where data will be stored and how it will be protected.Formatyour paper consistent with APA guidelines.
