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

Quantitative Business Analysis, Motion Picture Industry (95 Points) The m...

Motion Picture Industry (95 Points) The motion picture industry is a competitive business. More than 50 studios produce a total of 300 to 400 new motion pictures each year, and t

Sample standard deviation, Sample Standard Deviation So far, we discu...

Sample Standard Deviation So far, we discussed the population standard deviation. Now, let us switch to sample standard deviation(s) that is analogous to the population stand

Calculating 40th percentile in ogive graph, how do i determine the 40th per...

how do i determine the 40th percentile in an ogive graph

Solve the normal distribution problem, Assume that the normal distribution ...

Assume that the normal distribution applies and find the critical z value(s). A = 0.04; H1 is mean ≠ 98.6 degrees Fahrenheit. Dteremine the value of Z. Find the value of the

Calculate the seasonal indexes , The total number of overtime hours (in 100...

The total number of overtime hours (in 1000s) worked in a large steel mill was recorded for 16 quarters, as shown below. Year Quarter Overtime hour

Eigenvalue-based rules, Henry Kaiser suggested a rule for selecting a numbe...

Henry Kaiser suggested a rule for selecting a number of components m less than the number needed for perfect reconstruction: set m equal to the number of eigenvalues greater than I

Muti linear regression model problem, Muti linear regression model problem ...

Muti linear regression model problem An investigator is studying the relationship between weight (in pounds) and height (in inches) using data from a sample of 126 high school

Interaction of enviornment and gene , entropy test to measure interaction b...

entropy test to measure interaction between enviornmental factors and genes

Utility index , If the economy does well, the investor's wealth is 2 and if...

If the economy does well, the investor's wealth is 2 and if the economy does poorly the investor's wealth is 1. Both outcomes are equally likely. The investor is offered to invest

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