Sampling and Data Collection Plan

Sampling and Data Collection Plan

Providing the best products at the most reasonable prices will help more people. Company J continues on providing the best health products and makes them as affordable as possible for individuals who are not able to afford them. In this paper we will discuss the population and size picked along with the target population and brief reasoning for the pick. Sampling element, which may be conducted through any of the following: data mining, survey or observation will be discussed. The sample size will also be explained. Method of random sampling, which may include: simple, stratified, systematic or cluster will be discussed. This paper will also calculate the sample size for the mean or using a 95% confidence level, estimated population standard deviation or estimate of the true population proportion, and a 5% margin of error. Part two of this paper will explain how the data will be physically collected and where data will be stored and how it will be protected.

Population and size

Company J is consistently coming up with new products that will be offered to all the population all over the world at a affordable price. Many countries are not able to afford the Johnson and Johnson products due to their incomes. Company J has been around since 1886 and is still growing and eventually have all the products sold all around the world.

Targeted population

The targeted population is the individuals in countries with low income and different backgrounds. This one Johnson and Johnson (company J) focuses on providing more education and more donations to them and have those families who live in poverty offered a better health.

Sampling element