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

Analysis of covariance (ancova), Analysis of covariance (ANCOVA) It is ...

Analysis of covariance (ANCOVA) It is initially used for an expansion of the analysis of variance which permits to the possible effects of continuous concomitant variables (suc

Enumerate the set, Grid is the set of pairs {1, 2, 3, 4} x {1, 2, 3, 4}. ...

Grid is the set of pairs {1, 2, 3, 4} x {1, 2, 3, 4}. Image is the power set of Grid. An element of Image is a subset of Grid and can be represented by a diagram on a 4 by 4

Regression, Regression line drawn as Y=C+1075x, when x was 2, and y was 239...

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

Evaluate standard deviation, Consider an MBA program as a processing networ...

Consider an MBA program as a processing network where the flow unit consists of a student in the program.  Suppose the organizations that hire and promote MBAs are considered to be

Disadvantages of median, Disadvantages For calculating median it is ...

Disadvantages For calculating median it is necessary to arrange the data; other averages do not need any arrangement. Since it is a positional average, its value is not d

Concepts of statistics, what are the importance, uses,optimums and applicat...

what are the importance, uses,optimums and applications of the following in agriculture field experiments; 1.standard deviation 2.standard error 3. coefficient of variation

Type i and ii errors, TYPE I AND II Errors If a statistical hypothesis ...

TYPE I AND II Errors If a statistical hypothesis is tested, we may get the following four possible cases: The null hypothesis is true and it is accepted; The

Standard cost method, Under the standard cost method which is also referred...

Under the standard cost method which is also referred as the standard cost method ,stock receipts are assigned a standard cost. Any variations between the actual cost and standard

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

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