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!
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.)
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.)
Ask question From the household budget survey of 1980 of the Dutch Central Bureau of Statistics, J. S. Cramer obtained the following logit model based on a sample of 2820 househol
The decision maker ranks lotteries according to the utility function (i) State the independence assumption. Does this decision maker satisfy it? (ii) Is this decision ma
f(x,y)=c(6-x-y) ,o find P(X+Y
how much that cost ?
Mode Mode is the value of the observation which occurs with the greatest frequency and thus it is the most fashionable value, Mode has been derived from French word La m
1. Definition of decision tree, 2. Feature of decision theory problem
Introduction to Probability A student is considering whether she should enroll in an MBA educational program offered by a well-known college. Among othe
Schedule Schedule is also used for the collection of primary data. A schedule is a list of question. it is a device of obtaining answer to the questions in a form which is fill
Canonical correlation analysis (CC) allows the investigation of the relationship between two ,sets of variables. For example, a sociologist may want to investigate the Relationship
programming
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