What is the difference between selecting a member at random from a finite population and taking a

Question:

What is the difference between selecting a member at random from a finite population and taking a simple random sample of size 1?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Elementary Statistics

ISBN: 9780321691231

8th Edition

Authors: Neil A. Weiss

See More Books

Question Posted: Aug 18, 2017 01:59 PM

See More Questions

What is the difference between cross-sectional and time-series ratio analysis? What is benchmarking?
What is the difference between outsourcing and offshoring? Why might this difference be important to managers?
What is the difference between real and personal property? Why is this difference important in insurance underwriting and pricing (rating)?
In his book, The Federal Land Revisited, Marion Clawson proposed what he called the pullback concept: Under the pullback concept any person or group could apply, under applicable law, for a tract of...
A ladder that is 8.6 m long and has mass 60 kg is placed in a nearly vertical position against the wall of a building. You stand on a rung with your center of mass at the top of the ladder. Assume...
Electronic copiers make copies by gluing black ink on paper, using static electricity. Heating and gluing the ink on the paper comprise the final stage of the copying process. The gluing power during...
SAT scores. The scale for SAT exam scores is set so that the distribution of scores is approximately Normal with mean 500 and standard deviation 100. Answer these questions without using a table....
What adjustment does a corporation make if ACE is more than preadjustment AMTI? If ACE is less than preadjustment AMTI?
Down Under Boomerang, Inc. is considering a new three-year expansion project that requires an initial fixed asset investment of $2.4 million. The fixed asset will be depreciated straight-line to zero...
Show that the momentum for a 2-kg brick parachuting straight downward at a constant speed of 8 m/s is 16 kg m/s. Impulse = Ft Momentum = mv
According to Nielsen Media Research, 98.6% of (U.S.) households own a TV and 85.2% of TV households own a DVD player. a. Under what condition can you use the information provided to determine the...
If a member is selected at random from a finite population, probabilities are identical to ________________.
Jasmines Dresswear Manufacturers is preparing a strategy for the fall season. One alternative is to expand its traditional ensemble of wool sweaters. A second option would be to enter the cashmere...
You must select an orifice meter for measuring the flow rate of an organic liquid ( $\mathrm{SG}=0.8$, $\mu=15 \mathrm{cP}$ ) in a $4 \mathrm{in}$. sch 40 pipe. The maximum flow rate anticipated is...
A team of designers was given the task of reducing the defect rate in the manufacture of a certain printed circuit board. The team decided to reconfigure the cooling system. A total of 973 boards...
Level 98%: x1 = 49, n1 = 74, x2 = 62, n2 = 153 In Exercises 712, construct the confidence interval for the difference p1 p2 for the given level and values of x1, n1, x2, and n2.
Let X be a continuous random variable with the following PDF Find the MGF of X, M X (s). fx(x) = +) == 12e-1|2|1 e-A/).
The number of hours spent studying per day by a sample of 28 students In Exercises 2326, use technology to draw a box-and-whisker plot that represents the data set. 2 8 7 2 261 82 35 37 25 20 73 83...
The following is the balance sheet of Raj Ltd., as on 31 st December 2009: The company resolved to redeem its preference shares at a premium of 20% out of profits. Pass the necessary journal entries...
Using the theoretical sampling strategy, how many samples of size 4 (n = 4) can be drawn from a population of size: (a) N = 5? (b) N = 8? (c) N = 16? (d) N = 50?
A corporation with a 34% income tax rate is considering the following investment in research equipment and has projected the benefits as follows Before-Tax Year Cash Flow 0 -$50,000 1 +2,000 2 +8,000...
An engineer is working on the layout of a new research and experimentation facility. Two plant operators will be required. If, however, an. Additional $100,000 of instrumentation and remote controls...
A special power tool for plastic products costs $400, has a 4-year useful life, no salvage value , and a 2-year before-tax payback period. Assume uniform annual end-of-year benefits. (a) Compute the...
Flexible manufacturing places new demands on the management accounting information system and how performance is evaluated. In response, a company should a. institute practices that reduce switching...
Revenue and expense items and components of other comprehensive income can be reported in the statement of shareholders' equity using: U.S. GAAP. IFRS. Both U.S. GAAP and IFRS. Neither U.S. GAAP nor...
Kirk and Spock formed the Enterprise Company in 2010 as equal owners. Kirk contributed land held an investment ($50,000 basis; $100,000 FMV), and Spock contributed $100,000 cash. The land was used in...

What is the difference between selecting a member at random from a finite population and taking a

Question:

Step by Step Answer:

Ther...View the full answer

Elementary Statistics

Students also viewed these Business Communication questions