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This type of sampling is also known as chance sampling or probability where each and every item in the population has an equal change of inclusion in the sample and one of the possible samples in case of finite universe has the same probability of beings selected. In case of infinite population the selection of each item in a random sample is controlled by the same probability and that successive selection are independent of one another.
State the main reason because of which the differences between a Cash Book and Bank Passbook. Ans. The difference can be stated as follows a) Sometime cheque issued to party on t
Vital statistics may be interpreted in two ways-in a broader sense it refers to all types of population statistics by whatever mode collected while in a narrower sense it refers o
Least squares method of fitting a line ( the line of best fit or the regression line) through the scatter diagram is a method which minimizes the sum of squared vertical deviations
Definition and examples of asset and liabilities
Probability 3DP, a Luxembourg-based company plans to develop and sell highly specialized 3D printers. The cost of product development is estimated at EUR 50,000.-, irrespective
1. You have a regional country-year dataset over 10 years of 150 total observations, within this data you have 25 observations where the ruling party has lost power. (a) Assumin
Angler survey A survey used by sport fishery managers to calculate the total catch, fishing effort and catch rate for the given body of water. For instance, the whole effort m
1. Passive losses are fully deductible as long as they do not exceed $50,000 during the year. A) True B) False 2. Wages are considered "active income." A) True B) False 3. A de
I) Introduction 1) Topic (s) 2) Survey Question 3) Type of Sampling 4) Why? II) Calculations 1) Data Analysis (Charts, sample mean, sample standard deviation) 2) Probability 3) E
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