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

Assumptions in anova, Assumptions in ANOVA The various populations f...

Assumptions in ANOVA The various populations from which the samples are drawn should be normal and have the same variance. The requirement of normality can be discarded if t

Simple linear regression, We are interested in assessing the effects of tem...

We are interested in assessing the effects of temperature (low, medium, and high) and technical configuration on the amount of waste output for a manufacturing plant. Suppose that

Methods of forecasting, Methods of Forecasting  Various techniques whic...

Methods of Forecasting  Various techniques which are generally used in business forecasting are as under: 1.      Forecasting  through the opinion of heads  of department

Calculate unbiased estimate of the variance, This question has two parts wi...

This question has two parts with multiple items to answer. You are a psychologist who has collected the subjective well-being scores of a number of elderly people aged 90 or abo

Determine the regression equation, The file Midterm  Data.xls has a tab lab...

The file Midterm  Data.xls has a tab labeled "National Grid vs. Alcoa" which presents historical price data for two stocks.  Using the National Grid price as the X-value and the Al

Assignment 1: Testing Hypotheses for Means, Review the Learning Resources a...

Review the Learning Resources and the media programs related to t tests. For additional support, review the Skill Builder: Research Design and Statistical Design and the Skill Buil

Inverse cumulative distribution function, The Null Hypothesis - H0: β0 = ...

The Null Hypothesis - H0: β0 = 0, H0: β 1 = 0, H0: β 2 = 0, Β i = 0 The Alternative Hypothesis - H1: β0 ≠ 0, H0: β 1 ≠ 0, H0: β 2 ≠ 0, Β i ≠ 0      i =0, 1, 2, 3

Difference in goals between pca and fa, In PCA the eigknvalues must ultimat...

In PCA the eigknvalues must ultimately account for all of the variance. There is no probability,'no hypothesis, no test because strictly speaking PCA is not a statistical procedure

Convenience sampling, Convenience Sampling It means a convenient sample...

Convenience Sampling It means a convenient sample is obtained by selecting convents units from the universe. Convenient sample is also known as chunk. It   means a fraction of

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