improve sales for Khol's, statistics homework help
Lookingto improve sales for Khol's 1.Focus on asingle business concern such as generating revenue; do income levels impact therevenue generated at store locations?2.Variables: select a single independent variable - revenue. The dependent variablecould be income level.3.Examine therelationship 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.Part1: Sampling DesignWrite a 350- to 700-word paper usingthe scenario and two variables your learningteam developed for the Week 2 Business Research Project Part 1 assignment, inwhich the goal is to submit a random sampling plan in such detail that anotherresearcher could replicate the method.Discuss the following: · Population and size· The target population and brief reasoning· Sampling element which may be conducted throughany of the following: oData miningoSurvey (If a survey is chosen, create a 5-10question document), oroObservation · The sample size· Method of random sampling which mayinclude: oSimpleoStratifiedoSystematicoClusterCalculate the sample size for the mean or sample orsample size for the proportion, using a 95% confidence level, estimatedpopulation 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 beachieved.If applicable, explain how human subjects will be protected.Part2: Data CollectionExplain how the data will be physically collected.Explain where data will be stored and how it willbe protected.Format your paper consistent with APA guidelines.
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