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.
Consider an MBA program as a processing network where the flow unit consists of a student in the program. Suppose the organizations that hire and promote MBAs are considered to be
Old Faithful Geyser in Yellowstone National Park derives its names and fame from the regularity (and beauty) of its eruptions. Rangers usually post the predicted times of eruptions
Regression Lines It has already been discussed that there are two regression lines and they show mutual relationship between two variable . The regression line Yon X gives th
The file Midterm Data.xls has a tab labeled "Many vs. S&P" which presents historical price data for several assets, a volatility condition (VIDX = 1 if the NYSE volatility is grea
Question Following the general methodology used by econometricians as explained in the session for week 1 (eight steps), explain how you would proceed to determine if a good com
Origin and Development of probability Theory: The credit for origin and development of probability goes to the European gamblers of 17 th century. They used to gamble on gam
Meaning and Definitions of Regression The dictionary meaning of regression is just opposite the meaning of progression. Progression means to move forward while regression means
What is a null hypothesis? ..
The first step in this case is to ensure that you are adequately clear on the General Linear Model and its relationship to both ANOVA and regression. The distinction is approxim
Assume that the normal distribution applies and find the critical z value(s). A = 0.04; H1 is mean ≠ 98.6 degrees Fahrenheit. Dteremine the value of Z. Find the value of the
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