improve sales for Khol s statistics homework help

Looking to improve sales for Khol’s 

1.Focus on a single business concern such as generating revenue; do income levels impact the revenue generated at store locations?

2.Variables:  select a single independent variable – revenue.  The dependent variable could be income level.

3.Examine the relationship between the variables in the hypothesis statement:

a.H_o:  Revenue is not correlated with consumer income level.

b.H_a:  Revenue is correlated with consumer income level.

Part 1: Sampling Design

Write a 350- to 700-word paper usingthe scenario and two variables your learning team developed for the Week 2 Business Research Project Part 1 assignment, in which the goal is to submit a random sampling plan in such detail that another researcher could replicate the method.

Discuss the following: 

·  Population and size

·  The target population and brief reasoning

·  Sampling element which may be conducted through any of the following: 

oData mining

oSurvey (If a survey is chosen, create a 5-10 question document), or

oObservation 

·  The sample size

·  Method of random sampling which may include: 

oSimple

oStratified

oSystematic

oCluster

Calculate 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 Collection

Explain how the data will be physically collected.

Explain where data will be stored and how it will be protected.

Format your paper consistent with APA guidelines.

 

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