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Adaptive sampling design
The sampling design in which the method for selecting the sampling Units on which to make observations might rely on the observed values of the variable of interest. In a survey for estimating the plenty of a natural resource, for instance, the additional sites (the sampling units in this case) in the vicinity of high observed abundance may be added to the sample during the survey. The major aim in such a design is to attain the gains in precision or efficiency compared to the conventional designs of equivalent to the sample size by taking advantage of the observed characteristics of the particular population. For this type of sampling design the probability of the given sample of units is conditioned on the set of values of the variable of interest in the population
Why index numbers serve as economic barometers?
Barker Company has a single product called a Zet. The company normally produces and sells 80,000 Zets each year at a selling price of $40 per unit. The company’s unit costs at this
A team of archeologists have discovered the fossil skull of an extinct and exceptionally large crocodile (sarcosuchus). Unfortunately, they have not been able to fi
Sequential Sampling: This is somewhat complex sample design where the ultimate size of the sample is not fixed in advance but is determined according to mathematical decisions on t
Progect Guid: PROJECT 1: SIMPLE DATA ANALYSIS & COMPARISON REPORT GUIDELINES This document contains general guidelines for the preparation of the Project Report I. Please note,
From random sample of 48 days in a recent year, U.S. gasoline prices had a mean of $3.63. Assume the population standard deviation is $0.21?
I have an assignment requiring SPSS analysis and ANOVA. Can you do this assignment due by Aug 13. There are three sets of questions for each lesson totaling 3 assigned chapters.
a) What is analysis of variance? What are the assumptions of this technique? b) Three samples below have been obtained from normal populations with equal variances. Test the hypoth
Suppose that an individual has unearned income of $V and can choose how many hours she works per week at a wage of $w per hour. Assume that she has a total of 110 hours of time to
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