Random sampling method, Applied Statistics

Assignment Help:

Random Sampling Method

In this method the units are selected in such a way that every item in the whole universe has an equal chance of being included. In the words of croxton  and Cowden. Sampling   is said to be random if each possible sample had the same probability of being drawn. Simpson Kafka said, A random sample is a sample is  a where each item in the universe has an equal or known opportunity of being selected.

Thu s if the size of sample is n from a finite universe of size N. The there are possible sample .A sampling technique in which each of the sample has an equal chance of being selected is known as random sample.

Method of Random Sampling: To ensure randomness of selection one may adopt either of the following methods;

(1)   Lottery Method: Under this method all items of the population are numbered on separate  slips of paper of identical size and shape .There slips are folded and mixed up in a drum .A blind fold selection is then made of the required number of sample size, the method is common in lottery draws where a decision for the prizes is to be made.

(2)   By Rotating Drum or Machine: In  this method a machine or a drum is used, In this machine  there are some discs on which  numbers from 0 to9 are graved, The number of discs will depend upon the units  of the population. If the total numbers in the universe is up to 999   three discs are required. If the number is from 1000 to9999 four discs will be needed. For every disc there is an index sing marked on it which identifies thedigit. all the discs are rotated and left. Wherever the discs are stopped the numbers are noted. In this manner desired units are selected.

(3)   By Random  Numbers :The random numbers are usually obtained by some mechanism which, when  repeated a large numbers  of items, ensures equal frequencies for the numbers from 0 to9 and also proper frequencies for various combinations  such as 00, 01,99,000,001,999, etc. That may be expected in a random sequence of digits 0 to 9.


Related Discussions:- Random sampling method

Pattie-lynns utility function, Pattie-Lynn's utility function for total as...

Pattie-Lynn's utility function for total assets is, in which A represents total assets in thousands of dollars. (a) Graph Pattie-Lynn's utility function. How would y

Large sample test for mean, Large Sample Test for Mean A random sample ...

Large Sample Test for Mean A random sample of size n (n > 30) has a sample mean    . To test the hypothesis that the population mean μ has a specified value  μ 0  let us formu

Probability distribution of the number of sales, A salesperson visits from ...

A salesperson visits from house to house to sell her knives. The probability that she makes a sale at a random house is .3. Given that she makes a sale, the sale is worth $100 with

Pie diagram, Circles or Pie Diagram: Circles or pie diagrams are alter...

Circles or Pie Diagram: Circles or pie diagrams are alternative to squares. These are used  for the same purpose i.e. when  the values are differing  widely in their magnitude

Accident proneness, Accident proneness  A personal psychological issue w...

Accident proneness  A personal psychological issue which affects the individual's probability of suffering the accident. The concept has been studied statistically under the num

Multiple correspondence analysis, Correspondence analysis is an exploratory...

Correspondence analysis is an exploratory technique used to analyze simple two-way and multi-way tables containing measures of correspondence between the rows and colulnns of an

Case # 2 , Case Problem: A Bipartisan Agenda for Change In a study conducte...

Case Problem: A Bipartisan Agenda for Change In a study conducted by Zogby International, more than 700 New Yorkers were polled to determine whether the New York state government w

Geometric mean, Geometric Mean is defined as the n th root of the ...

Geometric Mean is defined as the n th root of the product of numbers to be averaged. The geometric mean of numbers X 1 , X 2 , X 3 .....X n is given as

#regression, #regression line drawn as Y=C+1075x, when x was 2, and y was 2...

#regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual

Mode for grouped data, Grouped Data For calculating mode from a...

Grouped Data For calculating mode from a frequency distribution, the following formula   Mode = L mo +  x W where,

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