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Using the data of Exercise 1 and assuming simple random sampling, (a) give the ratio-to-size estimate of the population total and (b) estimate the variance of that estimator.
Exercise 1Assume that the following are data from cluster sampling with simple random sampling of clusters. There are 10 clusters (primary units) and a total of 100 secondary units in the population. For each of the n = 3 selected clusters, yi is the cluster total for the variable of interest and Mi is cluster size: y1 = 4, M1 = 5; y2 = 12, M2 = 20; y3 = 7, M3 = 10. (a) Give an unbiased estimate of the population total. (b) Estimate the variance of that estimator.
The planned shortage inventory model recommends order quantity Q* = 70 and shortage level S = 18. Which of the following statement is incorrect?
hurricane katrina forced insurance companies to examine policy rates which previously determined that an average claim
suppose x is a normally distributed random variable with mu 13 and sigma 2. find each of the following probabilities
1. What does the current ratio reveal about a company's financial condition? 2. Define and discuss Cost of Goods sold.
suppose that a category of world class runners are known to run a marathon 26 miles in an average of 149 minutes with a
what is the maximum amount a decision maker would pay for additional
in an analysis investigating the usefulness of pennies the cents portions of 82 randomly selected credit card charges
Explain your findings (including the logic of comparing within-group to between-group population variance estimates, how each of these is figured, and the F distribution).
The average hourly wage of employees of a certain company is $9.83. Assume the variable is normally distributed.
the motion picture industry is a competitive business. more than 50 studios produce a total of 300 to 400 new motion
The statistical assumptions required to perform a one-way ANOVA to compare the means of these three groups are reasonable based on the data. A partially completed ANOVA table is provided below?
in a particular faculty 60 of students are men and 40 are women. in a random sample of 50 students what is the
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