Question on sampling method

Assignment Help Basic Statistics
Reference no: EM1394456

Assume that 5,000 sales invoices are separated into four strata. Stratum 1 contains 50 invoices, stratum 2 contains 500 invoices, stratum 3 contains 1,000 invoices, and stratum 4 contains 3,450 invoices. A sample of 500 sales invoices is needed.

a. What type of sampling should you do? Why?

b. Explain how you would carry out the sampling according to the method in (a)

c. Why is the sampling in (a) not simple random sampling?

Reference no: EM1394456

Questions Cloud

Find out the amount of additional funds needed : To find out the amount of additional funds needed (AFN), you may subtract the expected increase in liabilities, which represents a source of funds, from the sum of the expected increases in retained earnings also assets, both of which are uses of ..
Information about samples and populations : Is the sample a part of the population or the population apart of the sample? Why would researchers just not use the entire population to be more accurate? Can you give an example of a sample from a given population?
Failure to reject the null hypothesis : Assuming that a hypothesis test of the claim has been conducted and that the conclusion is failure to reject the null hypothesis, state the conclusion in nontechnical terms.
Explain how did the court rule : In the case in the text where someone purchased a used safe at an auction for $50 however, was later found by the buyers to contain more than $30,000 in cash, explain how did the court rule.
Question on sampling method : Assume that 5,000 sales invoices are separated into four strata. Stratum 1 contains 50 invoices, stratum 2 contains 500 invoices, stratum 3 contains 1,000 invoices, and stratum 4 contains 3,450 invoices.
Which is most effective method influencing organizational : The Chris Kraft Co. is financed entirely with equity also the organization has a beta of 1.6. The present risk free rate is 9.5 percent also the expected market return is 16 percent. Illustrate what rate of return should Chris Kraft require on a p..
Null hypothesis in symbolic form : Express the null hypothesis and the alternative hypothesis in symbolic form: An entomologist writes an article in a scientific journal, which claims that fewer than 7 in ten thousand male fireflies are unable to produce light due to a genetic muta..
Slide powerpoint presentation : Create  7 to 10 slide powerpoint presentation that describes environmental benefits and chalenges of urbanization   Include two 1996 award winners, I need speaker notes as well.
Stratified random sampling : Using Area of Residence (Area A or Area B) as my stratification factor, explain, in detail, how you would select a sample of 60 inhabitants by using stratified random sampling.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Null hypothesis for repeated-measures hypothesis test state

What does null hypothesis for repeated-measures hypothesis test state?

  Interpretation of marginal means

In a pilot study, five kids are given several problems of each type to practice (and then tested on three problems), in one of the three Sequences: D-R-T, T-D-R, OR R-T-D.

  Define hypothesis testing with one way anova and tukey test

Perform pair wise comparisons of the treatment means by computing a Tukey simultaneous 95 percent confidence interval for each of the pair wise differences μ1 - μ2, μ2 - μ3, and μ2 - μ3. Which type of program content results in the worst mean bran..

  Lowest number of statistically significant

Discuss how scale impacts the interpretation of a graph and name the lowest number of a statistically significant sample size and state the statistically appropriate percentage total of displays

  Critical-value method to test significant difference means

What is the appropriate procedure to test a significant difference in means between the two groups? Use the critical-value method.

  Truck dealer claims where a new model will give trouble free

To find out the alternate hypotheses also critical value. A truck dealer claims where a new model will give trouble free service for at least 15,000 miles.

  Statistical test used to analyze the data

The data follow. Males Females 27 25 25 29 19 18 10 23 16 20 22 15 14 19 (a) What statistical test should be used to analyze these data?

  Difference among two proportion test by large sample test

To test whether the significant difference between two proportion test using large sample test.

  Effect of changing the confidence level

Use this poll result to give 70%, 80%, 90% and 99% confidence intervals for the proportion of all adults who feel this way. What do your results show about the effect of changing the confidence level? (Use Excel)

  Computing value of test statistic for relevant hypothesis

Random sample of 100 people yielded following data on number of tissues utilized in a cold: x-bar = 38, s = 20. By using sample information provided, compute the value of test statistic for the relevant hypothesis test.

  Calculating probability of successes in independent trails

Given same values n=20, p=0.6, and x=17, calculate probability of x successes in n independent trails of experiment.

  Using the poisson approximation to the binomial

It is estimated that .44 percent of the callers to the customer service department of Dell Inc. Will receive a busy signal. What is the probability that of today's 1200 callers at least 5 will receive a busy signal? Use the poisson approximation t..

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