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

Index numbers, What are the advantages and disadvantages of index numbers

What are the advantages and disadvantages of index numbers

Probability combination, From 5 engineering , 6 education .and 8 accountanc...

From 5 engineering , 6 education .and 8 accountancy students, a 5 member committee is to be formed .if at least 1 from each course is in the committee.

Spectral Hydrogen Atom, Long before Bohr gave his theory of hydrogen atom, ...

Long before Bohr gave his theory of hydrogen atom, various scientists had observed experimentally, the spectral series of hydrogen atom. Bohr offered a theoretical explanation of t

Cash flow analysis, Cash flow analysis In financial sales, an income rep...

Cash flow analysis In financial sales, an income report, also known as report of money runs or funds circulation report is a financial report that shows how changes in stability

Capital projects funds, Capital projects funds Capital projects funds are ...

Capital projects funds Capital projects funds are used to account for the acquisition &/or structure of major capital facilities [other than those financed by proprietary funds &

Information systems development, report on comparing information system in ...

report on comparing information system in organisations

Accounting for inflation, Accounting for inflation Inflation sales is a ter...

Accounting for inflation Inflation sales is a term reporting a range of sales systems designed to correct problems that comes from traditional cost sales in the use of inflation. I

Karl Pearsons, ). Calculate Karl Pearson’s coefficient of correlation from...

). Calculate Karl Pearson’s coefficient of correlation from the following data , using 20 as the working mean for price and 70 as the working mean for demand: Price: 14 16 17 18 1

Determine the variance, A gambling machines works in the following way. The...

A gambling machines works in the following way. The player inserts a penny into 1 of 5 slots which are colored Blue, Red, Orange, Yellow & Green corresponding to 5 colored light bu

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