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 By the time the nest sample is taken into study the report of the previous study may be outdated.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.
Data Management As your research project progresses you will quickly gather more and more data. These need to be managed in such a way that they can be accesses and
The town of Silverton, Colorado, has three gasoline stations, Shell, Exxon, and Arco. Customer selection of service stations can be modeled as a Markov process, with the following
A DRUG MANUFACTURER produces 2 products X1 and X2.X1 needs 2 hours on machine A AND 2 HOURS ON MACHINE B.X2 needs 3 hours on machine A and 1 hour on machine B.If machine A can run
Inflation Inflation is a general increase in the price of goods and services. The inflation rate, as measured by the
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
A Company produces 150 cars. But the production rate varies with the distribution. Production Rate Probability 147 0.05 148 0.10 149 0.15 150 0.20 151 0.30 152 0.15 153 0.05 At pre
STANDARA DEVIATION Standard deviation is the square root of the arithmetic average of squares of all the deviations from the mean. In short it may be defined as th
A PAPER MILL PRODUCES TWO GRADES OF PAPER VIZ., X AND Y. BECAUSE OF RAW MATERIAL RESTRICTIONS, IT CANNOT PRODUCE MORE THAN 400 TONS OF GRADE X PAPER AND 300 TONS OF GRADE Y PAPER I
explain the procedure of MODI method of finding solution through optimaly test.
scope of the operation research in modern management?
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