Simple random sampling, Applied Statistics

Assignment Help:

Simple Random Sampling

In Simple Random Sampling each possible sample has an equal chance of being selected. Further, each item in the entire population also has an equal chance of being selected.

Example 

A retailer of electronic goods (TVs, Stereos, Videos) wants to study her customer purchases in the city of Mumbai. For this purpose her population is all her customers in Mumbai. Their names and addresses are on the carbon copies of bills in her bill book. To do a Random Sampling of her customers she can put all the carbon copies in a box and draw out a certain number of copies after thoroughly mixing them up. The customers so picked would form a Random Sample.

In a more refined manner, she can enter the bill numbers in her computer and command it to select bill number at random. The customers related to the bill numbers so selected would form a Random Sample.

(If she wanted a judgemental sample she would have scrutinized the bill copies and selected certain customers whom she considered a representative sample. However, the accuracy of the estimate so made cannot be found.) 

 


Related Discussions:- Simple random sampling

Central tendency, Definition of Central Tendency The central tendency o...

Definition of Central Tendency The central tendency of a variable means a typical value around which other values tend to concentrate which can be measured. Such concentration

Inferential Statistics.., A researcher computed the F ratio for a four-grou...

A researcher computed the F ratio for a four-group experiment. The computed F is 4.86. The degrees of freedom are 3 for the numerator and 16 for the denominator. 1. Is the computed

Analysis of variance for the data, Analysis of Variance for the data: ...

Analysis of Variance for the data: Draw a random sample of size 25 from the following data : (a) With Replacement and   (b) Without Replacement and obtain Mean and Varia

Box plots, This box plot displays the diversity wfood; the data ranges from...

This box plot displays the diversity wfood; the data ranges from 0.05710 being the minimum value and 0.78900 being the maximum value. The box plot is slightly positively skewed at

Hypothesis testing, the president of a certain firm concerned about the saf...

the president of a certain firm concerned about the safety record of the firms employee sets aside $50 million a year for safety education. the firms accountant believes that more

Calculate the normal loss and abnormal loss, Chemical processors manufactur...

Chemical processors manufacture wondercool using two processes- mixing and distillation. The following details relate to the distillation process for a period. No opening work i

Penman-monteith method, (a) Average rainfall during the month of January...

(a) Average rainfall during the month of January is found to be 58 mm. A Class A pan evaporation recorded an average of 8.12 mm/day near an irrigation reservoir. The average

Test for equality of two means, Let X 1  and X 2  be two independent po...

Let X 1  and X 2  be two independent populations with population means μ 1  and  μ 2  respectively. Two samples are taken, one from each population, of sizes n 1  and n 2  re

Index number, "index number is an economic barometer" comment on this state...

"index number is an economic barometer" comment on this statement

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