Sampling techniques

Sample Solution

Sampling techniques Sampling is a process used in statistical analysis in which a predetermined number of observations are taken from a larger population. There are different sampling techniques and they include: random, systematic, convenience, cluster, and stratified sampling. The best sampling method is the sampling method that most effectively meets the particular goals of the study in question. The effectiveness of a sampling method depends on many factors. Because these factors interact in complex ways, the “best” sampling method is seldom obvious. Good researchers use the following strategy to identify the best sampling method: List the research goals (usually some combination of accuracy, precision, and/or cost); identify potential sampling methods that might effectively achieve those goals; test the ability of each method to achieve goal; and choose the method that does the best job of achieving the goals.

Hsbc is one of the best well capitalised banks and that is why it is least affected by the recent economic events as compared to the others bank. As well capitalised, it also needs to borrow less money from the government hence more autonomy. Despite of the economic instability around the world hsbc is performing well, which will help in its future growth.hsbc is most profitable banking corporation (last year’s -$20.97bn). The banks spread in Asia, Europe and Africa helps in decreasing and also offers economies of scale. Despite of rebranding of hsbc recently it is still well established brand and valuable within the industry. It is also valued by customers; it has 128 million customers around the world. Hsbc is well established multinational company so it can also advise other companies for going international. With Offices around the world, for the cosmopolitan client, HSBC often cannot be beaten in this area.

WEAKNESSES:

Hsbc bank strongly relates itself with small business investments, but due to current economic situation it has become more risky, so now it has to compromise the levels of activities in the areas of operations. Despite fall in the uk interest rates hsbc has increased its mortgage rate that might not sound good to the borrowers and potential borrowers. Te depressed housing market might lead to more number of default borrowers as the pressure on them will increase with the increase in the mortgage rates.