Stratified sampling, Applied Statistics

Assignment Help:

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. 


Related Discussions:- Stratified sampling

Find probability of remaining paint free - ball duel, In a three-cornered p...

In a three-cornered paint ball duel, A, B, and C successively take shots at each other until only one of them remains paint free. Once hit, a player is out of the game and gets no

Using the asymptotic distribution test the hypothesis, You are interested i...

You are interested in testing the distance of two golf balls, Brand A and Brand B. You take a random sample of 100 golfers, each of whom hits Brand A once and Brand B once. Define

Statistical generalisations, From the information given, what seems to be t...

From the information given, what seems to be the main flaw in each of the following statistical generalisations? (i) Banking industry employees are facing a crisis, if their

Active control equivalence studies (aces), Active Control Equivalence Studi...

Active Control Equivalence Studies (ACES) Clinical trials the field in which the object is easy to show that the new treatment is  as good as the existing treatment. Such type

Find the optimal order quantity, The Maju Supermarket stocks Munchies Cerea...

The Maju Supermarket stocks Munchies Cereal. Demand for Munchies is 4,000 boxes per year and the super market is open throughout the year. Each box costs $4 and it costs the store

Find the minimum constant workforce, Find the minimum constant workforce: ...

Find the minimum constant workforce: ABC Company, a manufacturer of roofing supplies, has developed monthly forecasts for roofing tiles. The forecasted demand and the expected

Calculate mean and standard deviation, Select and generate your assignment ...

Select and generate your assignment portfolio. The S&P/ASX 200 index is comprised of several sub-indices, including the following: 0) XPJ: The S&P/ASX 200 A-REIT Index 1) XDJ

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