Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

A) Using one or more of the following variables: age, sex, race, or marstat, divide the population into strata. Explain how you decided upon your stratification variable and how you chose the number of strata to use. (Note: It is NOT FAIR to use the values of inctot in the population to choose your strata! However, you may draw a pilot sample of size 200 using an SRS to aid you in constructing your strata.)

B) Using the strata you constructed, draw a stratified random sample using proportional allocation. Explain how you calculated the sample size to be drawn from each stratum.

C) Using the stratified sample you selected with proportional allocation, estimate the total income for the population, along with a 95% CI.

D) Using the pilot sample of size 200 to estimate thewithin-stratum variances, use optimal allocation to determinesample stratum sizes. Use the same value of n as in part B. Draw astratified ramdom sample from the population along with a 95%CI.

E) Under what conditions can optimal allocation be expected to perform much better than proportional allocation? Do these conditions exist for this population? Comment on the relative performance you observed between these two allocations.

F) overall, do you think your stratification was worth while for sampling from this population ? if you were to start over on the stratification, what would you do differently?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91704020

Have any Question?


Related Questions in Statistics and Probability

What percent of the measurements are found below the 30th

What percent of the measurements are found below the 30th percentile? Found above the 30th percentile? For the regression line y^ = 3x + 2 what is the best predicted value if x is 7? Assume that male and female births ar ...

Recent test scores on the law school admission test lsat

Recent test scores on the Law School Admission Test (LSAT) are normally distributed with a mean of 162.4 and a standard deviation of 15.9. What is the probability that the mean of 12 randomly selected scores is less than ...

Heightnbspinnbspinchesnbsp69nbsp67nbsp69nbsp71nbsp70nbsp72nb

Height in inches  69  67  69  71  70  72  Weight in lbs  164  161  189  192  184  198  a) Find the equation of the regression line with height as the explanatory variable and use the regression line to find the predicted ...

A if a firms marginal tax rate is increased this would

A. If a firm's marginal tax rate is increased, this would affect the cost of preferred stock used to calculate its WACC. T/F B. Suppose the debt ratio (Debt to total assets) is 30%, the current cost of debt is 8%, the cu ...

The table to the right shows the results of a survey in

The table to the right shows the results of a survey in which 2585 adults from Country A, 1116 adults from Country B, and 1064 adults from Country C were asked if human activity contributes to global warming. Complete pa ...

Folgers has specified that the average amount of coffee

Folgers has specified that the average amount of coffee that goes into one of their small coffee cans is not to exceed 13.24 ounces. A quality control inspector for Folgers takes a random sample of 16 cans and found the ...

An aerospace company has submitted bids on two separate

An aerospace company has submitted bids on two separate federal government  defense contracts, AandB . The company feels that it has a 60% chance of winning contract Aand a 30% chance of winning contractB . If it wins co ...

What are the ways that it can help comply with legal

What are the ways that IT can help comply with legal requirements and social responsibilities surrounding the sales of alcohol?

A city of flies has a population that doubles once every

A city of flies has a population that doubles once every day. The flies go extinct from overpopulation on the 30th day. On which day was the fly population halfway from extinction?

A recent survey of college seniors evaluated how the

A recent survey of college seniors evaluated how the students view the "real world" that they are about to enter. One question asked the seniors to evaluate the future job market on a 10-point scale from 1 (dismal) to 10 ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As