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!
Stratified Sampling
Stratified Sampling is generally used when the population is heterogeneous. In this case, the population is first subdivided into several parts (or small groups) called strata. According to some relevant characteristics so that each stratum is more or less homogeneous. Each stratum is called a sub-population. Then a small sample (called sub-sample) is selected from each stratum at random. All the sub-samples combined together form the Stratified Sample. This represents the population properly. The process of obtaining and examining a Stratified Sample with a view to estimate the characteristic of the population is known as Stratified Sampling.
Example
The retailer can use Stratified Sampling as explained below:
She would analyze the bill copies according to items purchased, viz. TVs, Stereos, VCRs, etc. Each product’s customers would form a strata. Hence, we would have the following strata:
TV buyers
Stereo buyers
VCR buyers
For each stratum, random sampling would be done.
Exercise: (Binomial and Continuous Model.) Consider a binomial model of a risky asset with the parameters r = 0:06, u = 0:059, d = 0:0562, S0 = 100, T = 1, 4t = 1=12. Note that u
description
regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
Charts when the Mean and the Standard Deviation are not known We consider the data corresponding to the example of Piston India Limited. Since we do not know population mean a
Read the following data on the economy of Angoia and answer/respond to the questions/instructions that follow. Unless otherwise stated, the monetary figures are in real billions o
what are the importance, uses,optimums and applications of the following in agriculture field experiments; 1.standard deviation 2.standard error 3. coefficient of variation
Weighted Harmonic Mean Weighted Harmonic Mean is calculated with the help of the following formula: WHM Case
While there are p original variables the number of principal components is m such that m
The score distribution shown in the table is for all students who took a yearly AP statistical exam. An AP statistics teacher had 59 students preparing to take the AP exam. Though
The range of actuator design parameters have been provisionally assessed and are presented in Table (3). You are required to determine the following parameters: The circumfer
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