1Running Head: BUSINESS STATISTICSConfidence IntervalInstitution AffiliationInstructors NameStudents nameCourse NameUnit CodeDateBUSINESS STATISTICS2In this survey case, Plan 2 approach would be effective. The response rate will undoubtedly behigher (with respect to average response rate in online surveys) due to the probabilistic samplingand the higher happiness estimate of the census. This survey strategy will have less bias orsampling error. Data collection & management will be more comfortable.The recent hires would participate eagerly in companies procedures, and the survey would resultto be effective. In this case, the HR management time spent will be less and will lead to securedelivery of the message (survey). Hence, the potential cost will be meager compared to alternateplan 1.Plan 1 would not be practical because since most employees prefer online survey approaches tothe traditional format. There is contact basis (not anonymous) of deliverance which mightinfluence the survey data. It is time taking and could cause ineffective delivery of packets.Explanation:Selection of survey techniques depends upon three aspects. The first one is th ...
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