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

Determine nash equilibria, Two students are sitting in a lecture and consid...

Two students are sitting in a lecture and considering whether to ask a question from the professor (both of them are considering the same question). If they both ask, the questi

PERCENTAGES, CALCULATE THE PERCENTAGE OF REFUNDS EXPECTED TO EXCEED $1000 U...

CALCULATE THE PERCENTAGE OF REFUNDS EXPECTED TO EXCEED $1000 UNDER THE CURRENT WITHHOLDING GUIDELINES

B) Distinguish between:, X 110 120 130 120 140 135 155 160 165 155 ...

X 110 120 130 120 140 135 155 160 165 155 Y 12 18 20 15 25 30 35 20 25 10

Data project, Dr. Jim Mirabella UNIT EIGHT: DATA ANALYSIS PROJECT All Excel...

Dr. Jim Mirabella UNIT EIGHT: DATA ANALYSIS PROJECT All Excel output should be copied into a single Word document where you must enter all of your responses to the questions below.

., Theories of Business forecasting

Theories of Business forecasting

Comparison of the principal averages-mean, Comparison of the Principal Aver...

Comparison of the Principal Averages-Mean, Median and Mode The mean, median, and mode are located at the same point in a symmetrical frequency distri

Find relative maxima and minima, Q. Find relative maxima and minima? Wh...

Q. Find relative maxima and minima? When finding relative maxima and minima in the Chapters absolute extrema problem, don't forget to use the first or second derivative test to

Stream flow gauging, (a) At a stream gauging station, the following dischar...

(a) At a stream gauging station, the following discharges and stage measurements were taken for the purpose of the rating curve at that section: Stage (m) 1

Explain survey development process, Problem: A survey usually originate...

Problem: A survey usually originates when an individual or an institution is confronted with an information need and the existing data are  insufficient. Planning the questionn

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