Andrew Nikolareas - Operations Manager at Sydney's International Bank - Management Assignment Help

Assignment Task

Question. 1. Which of the following is a nonrandom sampling technique?  
a. Quota sampling  
b. Systematic sampling  
c. Cluster sampling  
d. Stratified sampling  
2. Financial analyst Ben Taimana needs a sample of securities listed on the New Zealand  Stock Exchange. He decides to select the sample from the NZ Investing Journal's  Composite Transactions, an alphabetical listing of all securities traded on the previous  business day. The NZ Investing Journal's Composite Transactions 
a. A poll  
b. A sampling frame  
c. Ben's sampling distribution  
d. Ben's target population  
3. Andrew Nikolareas, Operations Manager at Sydney's International Bank, is evaluating  the service level provided to walk-in customers. Accordingly, he plans a sample of  waiting times for walk-in customers. Andrew randomly selects 4 as a starting point  and instructs his staff to record the waiting times for the 4th walk-in customer and  every 10th customer thereafter (4, 14, 24, etc.). Andrew's sample is a .  
a. simple random sample  
b. Systematic sample  
c. Convenience sample  
d. Stratified sample  
4. If the sample size is sufficiently large, according to the central limit theorem, the  sample means are approximately  
a. normally distributed  
b. exponentially distributed  
c. uniformly distributed  
d. geometrically distributed  
5. The standard deviation of a sampling distribution is commonly called   
a. statistical leverage  
b. the uniform spread  
c. statistical margin  
d. the standard error 

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