The Nevada National Bank, headquartered in Las
Vegas, has some 400,000 users of its credit card scattered throughout the
state. The application forms for the credit card ask for the usual information
about name, address, phone, income, education, and so on, that is typical of
such applications. The bank is interested in determining if there is any
relationship between the uses of the card and the socioeconomic characteristics
of the user; e.g., is there a difference in the characteristics of those people
who use the credit card for major purchases only (e.g., appliances) and those
who use it for minor as well as major purchases?
a. Identify the population and sampling frame
that would be used by the bank.
b. Indicate how you would draw a simple random
sample from the sampling frame identified in part a.
c. Indicate how you would draw a stratified
samplefrom the sampling frame.
d. Indicate how you would draw a cluster samplefrom the sampling frame.
e. Which method would be preferred? Why?* The paper must be two to three pages in length and formatted
according to APA style.*




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