Determining sample size for estimating poportions, Operation Research

Assignment Help:

Determining Sample Size for Estimating poportions

It is  necessary  to determining  the sample size for a  problem involving  proportions. This deals  with the percentage of frequency  of occurrence. The standard  deviation is  computed considering  the  proportions of  the happening  of the  particular  event. If the  frequency of occurrence is  known  as p and the frequency  of non occurrence is known  as 1 , the  standard deviation  of the  proportion maybe

                   p = √p q/n

The samples  size is determine  as discussed  earlier. The precision and population size have been  the deciding  factors for  determining  the sample size. The precision can again  be expressed absolutely or  relatively. Absolute  precision involves  that the  estimate will be within  plus  or minus  of the true value i ,e,± 5 percentage  points  of the true  value. If  the sample  elements  are selected independently  and if  the sample  size is small the correct  distribution  of the sample proportion will  be binomial. It is  convenient  to employ the normal  approximation for  estimating the  sample size. After the sample  is  drawn and the  sample  promotion  determined  the researcher  determines  the confidence  interval.

 

 


Related Discussions:- Determining sample size for estimating poportions

Linear programming , #questionQuestion. a paper mill produces two grades o...

#questionQuestion. a paper mill produces two grades of paper viz.,xand y.Bacause of raw material restrictions, it cannot produce more than 400 tones of grade x paper and 300 tons

Environmental demands, Problem 1 Explain the key elements, which contri...

Problem 1 Explain the key elements, which contribute to a sound and effective strategy. >>Explanation of following elements Market Consumers Competition Skil

Periodicals and serials - classification of documents, Periodicals and Seri...

Periodicals and Serials: Periodical publications form an important part of today's information world. It is one of the oft chosen forms of research communication. There are ov

QUANTITATIVE ANALYSIS, Ask queA manufacturing firm has discontinued product...

Ask queA manufacturing firm has discontinued production of a certain unprofitable product line. This created considerable excess production capacity. Management is considering to d

Semeter 5, explian completelly the operation reserch

explian completelly the operation reserch

Linear Programming Problem, A paper mill produces two grades of paper viz.,...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd