Example of selection a sample, Basic Statistics

Assignment Help:

Q. Example of Selection a Sample?

Ans.

Suppose a presidential election is approaching and many people are interested in knowing which candidate is most likely to win the vote. You have been assigned the task of predicting the future president one month before Election Day. How do you do it?

Solution: Here is one way that you might approach this problem. Use the 4 steps listed above.

1) The objective of this survey is to determine what percent of voters are likely to vote for the republican candidate, the democratic candidate or another candidate.

2) The variable is the way each member of the population chooses to vote. The population is all of the registered American voters.

3) You may decide to randomly dial phone numbers using U.S. area codes until you find 1000 registered voters. Ask them which candidate they plan to vote for.

4) If the sample you have chosen is a good representation of the voting American public, then you might assume that the percentage of voters in your sample who chose to vote republican will be the same percentage of voters in the entire population who will vote republican. You can assume the same for the democratic candidate as well as the other candidates.


Related Discussions:- Example of selection a sample

Find out price, A pharmaceutical company is a monopoly in Alzheimer's disea...

A pharmaceutical company is a monopoly in Alzheimer's disease drugs and faces the following inverse demand curve: , where α is the level of advertising. Its marginal production

Parametric and non-parametric stats tests, What is the difference between p...

What is the difference between parametric and non-parametric stats tests? What is the difference between parametric and non-parametric stats tests? Different kinds or levels of d

Probability, 1) A certain brand of batteries has a lifetime that has a norm...

1) A certain brand of batteries has a lifetime that has a normal distribution with a mean of 3,800 hours and a standard deviation of 390 hours. b) What lifetime should the manufac

Study guide, I have a midterm coming up the teacher is allowing us to have ...

I have a midterm coming up the teacher is allowing us to have a front & back cheats on anything we want on it. Is there a way you guys can make me one?

Hypothesis, What is a hypothesis test? Why do we need to use them to make ...

What is a hypothesis test? Why do we need to use them to make decisions about relating sample results to the population; why can’t we just make our decisions by the sample value?

Do a full regression analysis , #questioAssessment Part 2 (70%) You may un...

#questioAssessment Part 2 (70%) You may undertake the analysis of one of the following three case studies: (a) Crime (Minitab project file: CRIM

Profit margin (return on sales), Hugh Snore Bedding, Inc. has assets of $40...

Hugh Snore Bedding, Inc. has assets of $400,000 and turns over its assets 1.5 times per year. Return on assets is 12%. What is its profit margin (return on sales)?

Identification of critical data elements, Check numbers for No Neighboring ...

Check numbers for No Neighboring States with Video Gaming, 2% inflation, 4 Average Bets Numbers for 2018 Average Return -0.082 Net Income -$2,052,859 End of Year Cash $5,0

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