Let the Manufacturing database be the frame for a population of manufacturers to be studied. This database
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Let the Manufacturing database be the frame for a population of manufacturers to be studied. This database has 140 different SIC codes. Explain how you would take a systematic sample of size 10 from this frame. Examining the variables in the database, name two variables that could be used to stratify the population. Explain how these variables could be used in stratification and why each variable might produce important strata.
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The first question in the text is not clear There should be an additional sentence to be the 4 th sentence that says Explain how would you go about doing this The answer is something like The 140 SIC ...View the full answer
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Muhammad Umair
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Related Book For 
Business Statistics For Contemporary Decision Making
ISBN: 978-1119320890
9th edition
Authors: Ken Black
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