Sequential sampling -sampling decisons, Operation Research

Assignment Help:

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 By the  time the  nest sample  is taken  into study  the report  of the  previous study  may be outdated.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.

 


Related Discussions:- Sequential sampling -sampling decisons

project management , Project Management Your  data need to be orga...

Project Management Your  data need to be organized in such  a way that  access to them  is both  quick  and accurate. In  achieving  this a good qualitative analysis progra

Methodology, what are the methodology of operation research

what are the methodology of operation research

#title.L.L.p, #use the simple method to solve the following L.P.P. Maximi...

#use the simple method to solve the following L.P.P. Maximize Z =4X1 +10X2 subject to constraints, 2X1 +X2 2X1+5X2 2X1 +3X2 X1,X2 > 0

Cgj, application&techniques

application&techniques

Reference books - report writing presentation , Reference Books If an ...

Reference Books If an article  in a reference  books has more  than one  author use the  same  format  for  authors  given for  books above. a. Authors Known :Authors last

Operation research techniques, High Costs are Involved in the Use of O. R...

High Costs are Involved in the Use of O. R Techniques: O. R techniques usually prove very expensive. Services of specialized persons are invariably called for ( and along w

Important of probability - probability distributioin , Important of Probabi...

Important of Probability The  various practical applications  of the  theory  of probability are: a.The fundamental  laws of statistic viz   the law  of statistical regular

Reasearch on software design, Write a research paper in relation to a Softw...

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

Yates correction for continuity for 2x 2tables , Yates Correction for Cont...

Yates Correction for Continuity for  2x 2Tables If any cell frequency in  2x 2 table isles  than 5thenfor the application of X 2 test it  is pooled with the preceding or suc

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