MBA Finance Research Design (Dissertat. Methodology Sample)

SECTION THREE: RESEARCH METHODOLOGY
3.1 Introduction
This chapter provides methods that will be used will be used to address the objectives and the research problem. It also elaborate research design that will be used, target population, sample and sampling techniques to be used, data collection techniques and procedures and finally data analysis techniques that will be used.
3.2 Research Design
The study adopts a mixed design; a combination of quantitative descriptive and inferential research design suitable for determining the strength of the relationships between the independent and dependent variables (Hopkins, 2000). The study seeks to analyze credit uptake factors; the interest rate, customer information, product varieties, and customer service on credit uptake in Sacco societies in Kenya.
3.3 Model Specification
Considering the presented theoretical arguments, model specification takes the form of demand function as:
Credit Uptake=β0+β1W+β2X+β3Y+β4Z+μ
Where
W= Interest rate
X = Customer Information
Y = Product Varieties
Z = Customer Service
μ = is the error term
3.4 Study Area
The study area for this research will be the Kenya Police Sacco. It is located in the Republic of Kenya. It has its geographic location in Eastern Africa with latitude of 1°00'N and a longitude of 38°00'E. it headquarters is in the capital of Kenya; Nairobi and its geographic coordinates are 1°16'S latitude and 36°48'E longitude. It has branches in other major towns like Mombasa.
3.5 Population of the Study
The target population of this study will be 40,101 members which includes; staffs and the non-staffs members that uptake credit from Kenya Police SACCO in Nairobi. From the population a random sample of 380 respondents will be selected and used for analysis. The sample will be a good representative for the population and ensure that the results are valid. The sample was determined using the table below:
Population 

Sample 

Population 

Sample 

Population 

Sample 

10 

10 

220 

140 

1200 

291 

15 

14 

230 

144 

1300 

297 

20 

19 

240 

148 

1400 

302 

25 

24 

250 

152 

1500 

306 

30 

28 

260 

155 

1600 

310 

35 

32 

270 

159 

1700 

313 

40 

36 

280 

162 

1800 

317 

45 

40 

290 

165 

1900 

320 

50 

44 

300 

169 

2000 

322 

55 

48 

320 

175 

2200 

327 

60 

52 

340 

181 

2400 

331 

65 

56 

360 

186 

2600 

335 

70 

59 

380 

191 

2800 

338 

75 

63 

400 

196 

3000 

341 

80 

66 

420 

201 

3500 

346 

85 

70 

440 

205 

4000 

351 

90 

73 

460 

210 

4500 

354 

95 

76 

480 

214 

5000 

357 

100 

80 

500 

217 

6000 

361 

110 

86 

550 

226 

7000 

364 

120 

92 

600 

234 

8000 

367 

130 

97 

650 

242 

9000 

368 

140 

103 

700 

248 

10 000 

370 

150 

108 

750 

254 

15 000 

375 

160 

113 

800 

260 

20 000 

377 

170 

118 

850 

265 

30 000 

379 

180 

123 

900 

269 

40 000 

380 

190 

127 

950 

274 

50 000 

381 

200 

132 

1000 

278 

75 000 

382 

210 

136 

1100 

285 

1 000 000 

384 

Population 

Sample 

Population 

Sample 
...