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Adaptive sampling design
The sampling design in which the method for selecting the sampling Units on which to make observations might rely on the observed values of the variable of interest. In a survey for estimating the plenty of a natural resource, for instance, the additional sites (the sampling units in this case) in the vicinity of high observed abundance may be added to the sample during the survey. The major aim in such a design is to attain the gains in precision or efficiency compared to the conventional designs of equivalent to the sample size by taking advantage of the observed characteristics of the particular population. For this type of sampling design the probability of the given sample of units is conditioned on the set of values of the variable of interest in the population
Cash equivalent Short-term: highly liquid investments that are together [1) readily convertible to known amounts of cash & [2) so close to their maturity that they there insignifi
What do you mean by Purchase Return? Give an example. Ans. Sometime the goods an organization orders are not up to the mark and they are not supposed to keep or accept so th
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charlie removes the 12 face cards from a standard deck of cards then shuffles the face cards together on their own. He selects 2 cards from the pile. The probability that the first
1. A researcher is comparing two middle school 7th grade classes. One class at one school has participated in an arts program (involving putting on a musical play) which emphasized
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Mention the characteristics of Statistics. Explain any two applications of Statistics
Ask Suppose that the expected number of phone calls that are handel by a switchboard in each second is 5.35. Assume that the distribution of the number of phone calls per second fo
a manufacturer claims that 60% of beer drinkers perfer his beer. A query with 30 beer drinkers selected at random showed that 16 of them prefer this brand.(a.)Does the evidence sup
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