How do the concepts and theorems in the topic “Sampling Distribution of the Sample Means” influence: Probability and Sampling Assignment, AU, Singapore

Question

• How do the concepts and theorems in the topic “Sampling Distribution of the Sample Means” influence your decision in choosing an appropriate sample size for the survey?
• Is a bigger sample better for the survey? Discuss the benefits of having a bigger sample for the survey with reference to the standard error. Are any possible costs associated with a bigger sample selected? How do you decide on the sample size for your survey?
• Besides the knowledge gained in the topic, suggest any three (3) measures that you can undertake to obtain good feedback from your respondents when conducting the survey. Be as innovative as possible and provide reasons and elaborations to support your suggestions.