Let N=6 and n=3. For purpose of studying sampling distribution, we assume that all population values are known. In this study, two sampling plans are proposed. In Sampling Plan 1, eight possible samples are chosen. Meanwhile, in Sampling Plan 2, only three possible samples are chosen. Number of Element Population in Population 99 1 104 2 156 3 130 4 5 189 173 Sampling Plan 1: {1, 3, 5} {1, 3, 6} {1,4, 5} {1, 4, 6} {2, 3, 5} {2, 3, 6} {2, 4, 5} {2, 4, 6} Sampling Plan 2: {1, 4, 6} {2, 3, 5} {1, 3, 5} (i) Compute the value of population mean. (ii) For each sampling plan, compute the value of estimated mean and bias. (iii) Which samplir think is better

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
Let N=6 and n=3. For purpose of studying sampling distribution, we
assume that all population values are known. In this study, two sampling
plans are proposed. In Sampling Plan 1, eight possible samples are chosen.
Meanwhile, in Sampling Plan 2, only three possible samples are chosen.
Number of Element
Population
in Population
99
1
2
104
3
156
130
4
189
173
6
Sampling Plan 1: {1, 3, 5} {1, 3, 6} {1,4, 5} {1,4, 6} {2, 3, 5} {2, 3, 6}
{2, 4, 5} {2, 4, 6}
Sampling Plan 2: {1, 4, 6} {2, 3, 5} {1, 3, 5}
(i) Compute the value of population mean.
(ii)
For each sampling plan, compute the value of estimated mean and
bias.
(iii) Which sampling plan do you think is better?
Transcribed Image Text:Let N=6 and n=3. For purpose of studying sampling distribution, we assume that all population values are known. In this study, two sampling plans are proposed. In Sampling Plan 1, eight possible samples are chosen. Meanwhile, in Sampling Plan 2, only three possible samples are chosen. Number of Element Population in Population 99 1 2 104 3 156 130 4 189 173 6 Sampling Plan 1: {1, 3, 5} {1, 3, 6} {1,4, 5} {1,4, 6} {2, 3, 5} {2, 3, 6} {2, 4, 5} {2, 4, 6} Sampling Plan 2: {1, 4, 6} {2, 3, 5} {1, 3, 5} (i) Compute the value of population mean. (ii) For each sampling plan, compute the value of estimated mean and bias. (iii) Which sampling plan do you think is better?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman