Q2. A consumer survey was conducted to determine the amount of money spent on food permonth in relation to the total income per year per households in a small community. Asimple random sample of 5 households was selected from 120 households in the1community. The average total income of all the households in the community was found tobe 23,000 RO. Sample data was given in the following table.Total Income, x3000040000250001000050000Amount spent on food, y500700450200900(а)regression or difference) will be the most suitable method?Without calculation of standard error, explain, which method of estimation (ratio,(b)method identified in part (a) and place a bound on the error of estimation. Interpret theresults.Estimate the mean amount of money spent for food using the most suitableObtain the relative efficiency of your estimator obtained in part (b) in relation to(c)the simple random sample mean ỹ. Interpret the result.

1] The average total income =23,000 RO 2] Sample data Total Income x 30000 40000 25000 10000…

Q2. A consumer survey was conducted to determine the amount of money spent on food per month in relation to the total income per year per households in a small community. A simple random sample of 5 households was selected from 120 households in the 1 community. The average total income of all the households in the community was found to be 23,000 RO. Sample data was given in the following table. Total Income, x 30000 40000 25000 10000 50000 Amount spent on food, y 500 700 450 200 900 (a) regression or difference) will be the most suitable method? Without calculation of standard error, explain, which method of estimation (ratio, (b) method identified in part (a) and place a bound on the error of estimation. Interpret the results. Estimate the mean amount of money spent for food using the most suitable Obtain the relative efficiency of your estimator obtained in part (b) in relation to (c) the simple random sample mean ỹ. Interpret the result.

Q2. A consumer survey was conducted to determine the amount of money spent on food per month in relation to the total income per year per households in a small community. A simple random sample of 5 households was selected from 120 households in the 1 community. The average total income of all the households in the community was found to be 23,000 RO. Sample data was given in the following table. Total Income, x 30000 40000 25000 10000 50000 Amount spent on food, y 500 700 450 200 900 (a) regression or difference) will be the most suitable method? Without calculation of standard error, explain, which method of estimation (ratio, (b) method identified in part (a) and place a bound on the error of estimation. Interpret the results. Estimate the mean amount of money spent for food using the most suitable Obtain the relative efficiency of your estimator obtained in part (b) in relation to (c) the simple random sample mean ỹ. Interpret the result.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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