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

Calculate index number, TIME SERIES ANALYSIS: 1) Discuss the various m...

TIME SERIES ANALYSIS: 1) Discuss the various models of Time series. 2) What are the various methods of trend analysis? What are their implications in the business world?

Audit, hi i need help for an auditing assignment

hi i need help for an auditing assignment

Indirect method, in my home work it is a balance sheet 12/31/2010 12/3...

in my home work it is a balance sheet 12/31/2010 12/31/2009 accounts recievable 8000 10000 below it has letter a b c d e f-k wanting the letter with the explaination a

Pivot table, The Pivot table is as below: Values ...

The Pivot table is as below: Values Row Labels Sum of ID Sum of Risk Level A 69

Dispersion, importance of dispersion in statistics

importance of dispersion in statistics

Assignment., Introduce the aim of this section of the report including an e...

Introduce the aim of this section of the report including an explanation of the data to be analysed. • Use Excel to produce a box and whisker plot for the two sets of booking data

Cash disbursements, Cash disbursements Cash disbursements are any or more ...

Cash disbursements Cash disbursements are any or more moneys [egg, checks: money: warrants: credit, debit card amounts: & EFTs [Electronic Fund Transfers) paid by the state during

Conversion bonds, i need problems and their answers in a simplified way to ...

i need problems and their answers in a simplified way to understand the material because im really having troubles understanding how to solve conversion bonds and share warrants pr

What is a valuation account, What is a valuation account? In accounting...

What is a valuation account? In accounting, an assessment consideration is usually a stability sheet consideration that is used in combination with another stability sheet cons

Qualitative features of financial, Conceptual Structure has also resolved s...

Conceptual Structure has also resolved several issues which were uncertain by sales expectations for some time. Activities and dealings that can't be worked by designed financial s

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