Generic Information Collection Plan for Qualitative Consumer Education, Engagement and Experience - Supporting Statement (Part B)

Generic Information Collection Plan for Qualitative Consumer Education, Engagement and Experience Information Collections

OMB Control Number: 3170-0036

OMB Expiration Date: 10/31/2022

Supporting Statement (pART b) For

generic information collection plan for qualitative Consumer education, engagement and experience information collections

OMB CONTROL NO.: 3170-0036

A. STATISTICAL METHODS

1. Describe (including a numerical estimate) the potential respondent universe and

any sampling or other respondent selection method to be used. Data on the

number of entities (e.g., establishments, State and local government units,

households, or persons) in the universe covered by the collection and in the

corresponding sample are to be provided in tabular form for the universe as a

whole and for each of the strata in the proposed sample. Indicate expected

response rates for the collection as a whole. If the collection had been

conducted previously, include the actual response rate achieved during the last

collection.

These collections of information will not employ statistical methods. The respondent universe under this generic clearance will be from both financial education practitioners and consumers. Specific strategies for selecting respondents will be provided with each request made under this generic information collection plan.

Data collection procedures may involve a variety of methods, including in-person meetings, interviews, focus groups, respondent recruitment screeners, qualitative surveys, online discussion forums, social media polls, and other similar qualitative methods. These collections may be conducted electronically, face-to-face, over the phone, over the internet, depending on the specific collection. Specific data collection methods and instruments will be provided in each request made under this generic information collection plan.

Given that none of the data collections conducted under this generic plan will use quantitative or statistical methods, there are no plans to conduct testing on the collection methods. The Bureau, however, plans to use proven data collection techniques for each data collection.