Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Sequential Samplin
The previous has shown that the sampling units were drawn prior to the drawing of the actual sample and has a fixed size. But the sequential sampling known as sampling analysis differs from the previous samples in the sense that it does not make an advance determination of the sample size. In this case the researcher obtains measurements on one unit or the population at a single time. A group of population units is also measured at a time. The measurement of each group are cumulated. With the probable error and the cumulated results the size of the sample can be decided. If the error is too large the study of additional groups continues until the standard error is reduced to a minimum level.
The sample size may vary according to the need of the management and standard error. It is not fixed in test the hypotheses sequential sampling reduces the required sample size as compared to the fixed sampling. When the sequential sampling is applied the survey costs may be reduced. The utility of sequential sampling in marketing is not very useful because there is need of a randomly selected sample or cross section study. No small group of sample will be sufficient. There may be need of additional groups of samples to reduce standard error which may involves more cost. By the time the nest sample is taken into study the report of the previous study may be outdated. Considering the utility of the continuing sampling the sequential sample is utilized in the marketing study.
Question : Suppose that you want to invest $10000 in the stock market by buying shares in one of two companies: A and B. Shares in Company A are risky but could yield a 50% ret
Solve the following Linear Programming Problem using simple method Maximize Z= 3x1 + 2x2 Subject to the constraints: X1 + X2 = 4
Profitable Casino Corp. (PCC) is a Harrah's wannabe, intent on mimicking Harrah's analytical marketing techniques. For example, PCC issues virtually all gamers a PCC "Rewards" car
Method of calculation of Mode Calculation of Mode Individual series: For determining mode count the number of times the various values repeat themselves and the va
After testing the model and its solution the next step of the study is to establish control over the solution by proper feedback of the information on variables which deviated
Question A - Linear Programming is most widely used technique for large number of applications in business industry as well as in various other fields. Describe in brief the steps
Minimization Example A farmer is advised to utilize at least 900 kg of mineral A and 1200 kg of mineral B to increase the productivity of crops in his fields.
Advantages of Mode a.It is easy to understand as well as easy to calculate. In can be found out by inspection. b.It is usually an exacta value as it occurs most fre
Chi Square Test for Independence of Attribute The chi square test can be used to find out whether two or more attributes are associated or not. This test helps in fin
Write a research paper in relation to a Software Design related topic. Diagrams and drawing of attention to key points through highlighting, bulleting etc is encouraged. Questi
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd