random sample is then taken from within one or more selected clusters. For example‚ if an organization has 30 small projects currently under development‚ an auditor looking for compliance to the coding standard might use cluster sampling to randomly select 4 of those projects as representatives for the audit and then randomly sample code modules for auditing from just those 4 projects. Cluster sampling can tell us a lot about that particular cluster‚ but unless the clusters are selected randomly and
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COMPARATIVE METHOD (COMPARISON APPROACH) Principle 1. The subject property is compared to similar properties that have recently been sold for capital value‚ or rented for rental value. 2. The underlying assumption is that if the subject property had been in competition with the comparable property‚ and‚ appealing to the same class of purchaser‚ it would have been in the same market and would have fetched the same price. 3. The principle of substitution is thus intrinsic to this approach
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INTRODUCTION Among the factors of production‚ the human resource element of any organization is most strategic and paramount. Performance appraisal therefore‚ is an important means by which organizations improve their chances of attaining their key operational goals. Employees‚ who know what and how much is expected of them‚ are likely to be more effective than those who are unclear about their role. It is in the light of this that organizations these days are becoming more concerned about effective performance
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Methodology is a way to systematically solve the research problem‚ it not only takes the research methods but also consider the logic behind the methods. The study of Research Methodology for developing the project gives us the necessary training in gathering materials and arranging them‚ participation in the field work when required‚ and also provides training in techniques for the collection of data appropriate to particular problems. primary objectives 1) -To analyse the impact of brand ambassadors
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Census Method All items in any field of inquiry constitute a ‘ Universe ’ or ‘ Population.’ A complete enumeration of all items in the population is known as a census inquiry. It can be presumed that in such an enquiry‚ when all items are covered‚ no element of chance is left and highest accuracy is obtained. But in practice this may not be true. Even the slightest element of bias in such an inquiry will get larger and larger as the number of observation increases
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Review Test Submission: Midterm Exam SKIP TO COURSE MENU SKIP TO TOP FRAME TABS Content User Course Quantitative Methods Test Midterm Exam Started 2/5/14 10:13 PM Submitted 2/6/14 2:13 AM Status Completed Attempt Score 120 out of 200 points Time Elapsed 4 hours‚ 0 minute out of 4 hours. Instructions Question 1 5 out of 5 points Deterministic techniques assume that no uncertainty exists in model parameters. Answer Selected Answer: True Correct Answer:
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Concepts in Quantitative Methodology Arnes Hadzic Generalizability - It is primarily a methodology used to characterize and quantify specific sources of error that contaminate the observed measurement of interesest in order to have future research be more error free. In other words‚ if something has often happened in the past‚ it will likely happen in the future (Lee & Baskerville‚ 2003). In research that is extremely important because once researchers have collected enough data to support their
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Overview of Research Methods * Quantitative Research: translates the social world into numbers which can be studied mathematically * Qualitative Research: Uses non-numerical data like texts‚ interviews‚ photos and recordings to help understand social life The Scientific Approach * The Scientific Method—a procedure for acquiring knowledge that emphasizes collecting data through observation and experiment. * Most sociologists believe that they should not allow their personal beliefs
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valuation methods. The most common errors in valuations Company valuation methods. The most common errors in valuations∗ Pablo Fernández PricewaterhouseCoopers Professor of Corporate Finance IESE Business School Camino del Cerro del Aguila 3. Telephone 34-91-357 08 09. 28023 Madrid‚ Spain e-mail: fernandezpa@iese.edu In this paper‚ we describe the four main groups comprising the most widely used company valuation methods: balance sheet-based methods‚ income statement-based methods‚ mixed methods
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The Scientific Method Justin Lancaster SC300-24 The Scientific Method Throughout our lives‚ we face numerous challenges‚ obstacles and difficult decisions that require the use of higher-level thinking. When we process the different possibilities and scenarios in our mind‚ subconsciously we are using the scientific method to problem solve. This basic concept is developed from an early stage in our lives and while it is practiced often in the widespread experiments of science‚ it is a valuable
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