Statistical errors, Applied Statistics

Assignment Help:

Statistical Errors             

Statistical data are obtained either by measurement or by observation. Hence to think of perfect accuracy is only a delusion or a myth, It is not possible to ensure perfect accuracy. This is one  of the vital limitation inherent  in  statistical  studies. Dr. A .L. Bowley has rightly said, this is not inexistence a perfectly accurate measurement physical or economical just as there is no perfectly straight line or a perfect fluid.

In the science of statistics, the difference between the observed value and the true value is called error for example. In a population census there is no guarantee that not a single person   is left out. While measuring the weight of the students, no one can guarantee that there will be perfect accuracy in the measurement. These inaccuracies are called error in statistics. It does not mean mistake.

If there are 62 students in a class room, and we count themes 60 it is a mistake. But on some basis if approximate them to be60 it is called an error  in statistics, According to  Prof. L. R. Connor  an error  in the statistical sense is merely a different  between  an estimate and the true value or idea value which it may be impossible to determine exactly. According to prof. Boddington. The statistical  error  is the difference  between the true  figure and the approximation Prof, Boddington has clarified that the error does not impel an arithmetic miscalculation, but arises simply because  in collecting data a perfect coverage in impossible as with sampling. 


Related Discussions:- Statistical errors

., Theories of Business forecasting

Theories of Business forecasting

What is the probability that they all hit the target, QUESTION ONE. (a) ...

QUESTION ONE. (a) The probability that, a bomber hits a target on a bombing mission is 0.70 Three bombers are sent to bomb a particular target. (i) What is the probability

student is chosen randomly, In a management class of 100 childerns' 3 lang...

In a management class of 100 childerns' 3 languages are offered as an additional subject viz. Hindi, English and Kannada. There are 28 childrens taking Hindi, 26 taking Hindi and 1

Mode for grouped data, Grouped Data For calculating mode from a...

Grouped Data For calculating mode from a frequency distribution, the following formula   Mode = L mo +  x W where,

Uncertain demand, Consider a Cournot duopoly with two firms (fi rm 1 and f...

Consider a Cournot duopoly with two firms (fi rm 1 and fi rm 2) operating in a market with linear inverse Demand P(Q) = x Q where Q is the sum of the quantities produced by both

Confidence interval, for this proportion, use the +-2 rule of thumb to dete...

for this proportion, use the +-2 rule of thumb to determine the 95 percent confidence interval. when asked if they are satisfied with their financial situation, .29 said "very sat

E-mail messages should be answered quickly, Do people of different age grou...

Do people of different age groups differ in their response to e-mail messages? A survey by the Cent of the Digital Future of the University of Southern California reported that 70.

Quartiles, Related Positional Measures Besides median, there are other ...

Related Positional Measures Besides median, there are other measures which divide a series into equal parts. Important amongst these are quartiles, deciles and percentiles.

Compare the t interval with the bootstrap interval, Jocko's Garage has been...

Jocko's Garage has been accused of insurance fraud. Data on estimates made by Jocko and another garage were obtained for 10 damaged vehicles (available in 'jockogarage.txt'). Here

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