1. Explain the importance of sampling from a managerial perspective. 2. What is

1. Explain the importance of sampling from a managerial perspective. 2. What is a sampling plan and what elements should be included in one? 3. How does a frame differ from a target population? 4. Describe the difference between subjective and probabilistic sampling methods. What are the advantages and disadvantages of each? 5. Explain how the following sampling approaches work: a. Simple random sampling b. Systematic sampling c. Stratified sampling d. Cluster sampling e. Sampling from a continuous process

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