Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Cluster Sampling
Here the population is divided into clusters or groups and then Random Sampling is done for each cluster. Cluster Sampling differs from Stratified Sampling. In the case of Stratified Sampling, the elements of each stratum are homogeneous (there are relatively minor variations within them.) As opposed to this, in Cluster Sampling the elements of each cluster are not homogeneous. Each cluster is representative of the population.
Example
The retailer may use Cluster Sampling as follows:
She would divide the city of Mumbai into 4 - 5 zones say Zone I, Zone II, Zone III, Zone IV and Zone V. From the addresses on the bills she would classify the customers in the following clusters:
Zone I customers
Zone II customers
Zone III customers
Zone IV customers
Zone V customers
Then she would consider every item within randomly selected clusters. Note that there can be large variation within each cluster. For example, in the cluster of Zone I customers, there could be TV buyers, Stereo buyers and VCR buyers. As opposed to this, in Stratified Sampling there is relatively less variation within each stratum. For example, the stratum of TV buyers would include only those customers who have bought TVs.
WHAT YOU MEAN BY UTILITY OF MANAGERIALECONOMICS
When the number of farmers growing wheat in Russia increases, the increase in world supply lowers the world price of wheat. Draw an appropriate diagram to analyze how this chang
Bill Clinton reportedly was paid $10 million to write his book My Way. The book took three years to write. In the time he spent writing, Clinton could have been paid to make speech
Correlation The board of directors of Bata Company is faced with the problem of estimating what the annual sales might be in a shop to be opened in Bagpur where Bata has not op
Let X, Y, and Z refer to the three random variables. It is known that Var(X) = 4, Var(Y) = 9, and Var(Z) = 16. It is further known that E(X) = 1, E(Y) = 2, and E(Z) = 4. Furthermor
Cluster Analysis could be also represented more formally as optimization procedure, which tries to minimize the Residual Sum of Squares objective function: where μ(ωk) - is a centr
For many decades, there has been considerable attention paid to identifying various factors that help to reduce the number of fatalities on Australian roads. In 1964 Victoria and S
The project of building a backyard swimming pool consists of eight major activities and has to be completed within 19 weeks. The activities and related data are given in the follow
need help finding the n1 and s1 in the problem
Consider the following new business venture. An agent is considering investment in one of three real estate parcels: • Option 1: multiunit rentals • Option 2: commercial building
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd