16. An audit is performed on last year\'s 15.000 student-aid packages given out

Question

16. An audit is performed on last year's 15.000 student-aid packages given out by the financial aid office at Tasmania State University. Roughly half of the student-aid packages were less than $1000 (Category 1). about one-fourth were between $1000 and $5000 (Category 2). and another quar- ter were over $5000 (Category 3). For each audit described name the sampling method that best describes it. Choose your answer from the following: (A) simple random sampling. (B) convenience sampling. (C) quota sampling below, (D) stratified sampling. (E) census. a The auditor reviews all 15.000 student-aid packages. bl The auditor randomly selects 200 student-aid packages in Category 1. 100 student-aid packages in Category 2 and 100 transactions in Category 3 The auditor reviews the first 500 student-aid packages that he comes across separates the student- aid packages by school (Agriculture, Arts and Humanities, Engineer ing. Nursing. Social Science. Science, and Mathematics) Three of these schools are selected at random and fur- ther subdivided by major. Ten majors are randomly se- lected within each selected school, and then 20 students ld The auditor first are randomly selected from each of the selected majors.

Explanation / Answer

a)
Census sampling as all the 15000 student-aid packages were reviewed.

b)
Stratified sampling as data is divided into groups for the the study

c)
Convenience sampling as data is reviewed as per convenience

d)
Quota sampling as the data is divided into multiple levels for study.

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