What are the relative advantages of purchase and media

Question

Question 1  Why is it important to minimize total error rather than any particular source of error? What potential sources of error are of most concern to you, and why?

Question  2 What are the relative advantages of purchase and media panels over surveys? Describe a circumstance when you would use a purchase panel, and explain why it is a good choice in that situation.

Question 3 Visit www.census.gov/compendia/statab/rankings.html

or

www.census.gov

and use State Rankings and Vital Statistics to identify the top six states for marketing products to the elderly. Report your results and the research process you used. How reliable do you think this data is?

 

Answer 1

Properly read all the questions illustrated below and answer the following questions in detailed paragraph format. The paper must be typed, having Arial Black font all along with APA formatting. Q1. Explain why is it significant to minimize the total error instead of any specific source of error? What potential sources of error are of most important to you and explain why? Q2. What are the relative benefits of purchase and media panels over surveys? Illustrate a situation when you would make use of a purchase panel and describe why it is a good choice in that condition. Q3. Make use of State Rankings and Vital Statistics to recognize the top 6 states for marketing products to the elderly. Report your outcomes and the research process you utilized. Illustrate how reliable do you think this information is?