Universe or population, Applied Statistics

Assignment Help:

Universe or Population

The word universe as used in statistics denotes the aggregate from which a sample is to be taken. According to Simpson and Kafka, a universe or population may be defined as an aggregate of items possessing a common trait or traits M Hamburg has defined it as, the universe or population consists of the total collection of items or elements that fall within the scope of statistical investigation

In short aggregate of all items falling within the scope of inquiry is called universe. The scope of the universe depends upon the definition, object and available resources for the investigation, for example if we want to study about the wages of the  workers  of a factory, all  the workers  taken together shall  be called in universe  and each worker, an unit  or an element. Similarly if in the  year 1998  there are 2,00,000  students in Rajasthan  university and a survey  is required to be made about the employment position of the students, the total  students 2,00,000 is the universe and each student of the universe is called a unit or an element.


Related Discussions:- Universe or population

MEASURING TREND, DISCUSS THE METHODS OF MEASURING TREND

DISCUSS THE METHODS OF MEASURING TREND

Multiple regressions, A sample of 43 houses that were purchased in the Sout...

A sample of 43 houses that were purchased in the Southern California town Monrovia within a month was collected. We are interested in the study of the relationships between Price a

Demand, A monopolist firm''s demand curve is given by P:100-2q. (a) Find it...

A monopolist firm''s demand curve is given by P:100-2q. (a) Find its marginal revenue function.

Evaluate the p - value, Use the given information to find the P-value. T...

Use the given information to find the P-value. The test statistic in a two-tailed test is z = 1.49 P-value = (round to four decimal places as needed)

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

Describe the opportunities for statistical learning, 1. Recognize and expla...

1. Recognize and explain the opportunities for statistical learning. 2. Describe how the use of statistics supports student learning. 3. Recognize appropriate data displays a

PERCENTAGES, CALCULATE THE PERCENTAGE OF REFUNDS EXPECTED TO EXCEED $1000 U...

CALCULATE THE PERCENTAGE OF REFUNDS EXPECTED TO EXCEED $1000 UNDER THE CURRENT WITHHOLDING GUIDELINES

Frequency distribution, Frequency distribution A frequency distribution...

Frequency distribution A frequency distribution is a series where a number of items with similar values are put in separate groups or bunches. In other words a frequency distri

Stk, The mean tax-return preparation fee H&R Block charged retail customers...

The mean tax-return preparation fee H&R Block charged retail customers in 2012 was $183 (The Wall Street Journal, March 7, 2012). Use this price as the population mean and assume t

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