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

Standard erro, practical application of standard error

practical application of standard error

Measures of dispersion, Measures of Dispersion ...

Measures of Dispersion Box 3: Food vs. Oil Below are the figures for foodgrain procurement   and cr

Coefficient of determination, Coefficient of Determination The c...

Coefficient of Determination The coefficient of determination is given by r 2 i.e., the square of the correlation coefficient. It explains to what extent the variation

Median for grouped data, Grouped Data  In order to find the median, the...

Grouped Data  In order to find the median, the median class is to be first located and then interpolation is to be used by assuming that items are evenly spaced over the entire

Calculate the current ratio and quick ratio, You were recently hired by E&T...

You were recently hired by E&T Boats, Inc. to assist the company with its financial planning and to evaluate the company's performance.  E&T Boats, Inc. builds and sells boats to o

Importance and application of probability, Importance and Application of pr...

Importance and Application of probability: Importance of probability theory  is in all those areas where event are not  certain to take place as same  as starting with games of

LINEAR PROGRAMMING FOR SOLVNG INEQUALITIES, To use Linear Programming for s...

To use Linear Programming for solving the following inequalities. Following Twin Conditions (as mandated by the Indian Regulatory Authority) Twin Condition I for TV Broadcasters

Theoretical yield and actual yield, Write down the symbols and unit for the...

Write down the symbols and unit for the following: mass, molar mass, molar and molarity Write down the relationship between mass and molar mass and show that the units match.

Decision making ., it is said that management is equivalent to decision mak...

it is said that management is equivalent to decision making? do you agree? explain

Introduction to probability, Introduction to Probability A ...

Introduction to Probability A student is considering whether she should enroll in an MBA educational program offered by a well-known college. Among othe

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