Refer to question 66. Suppose a sample of 30 factories is to be taken. Determine how many
Question:
Refer to question 66. Suppose a sample of 30 factories is to be taken. Determine how many factories of each type the company should select when it is using
(a) A proportional allocation.
(b) An optimal allocation, assuming the stratum population standard deviations are identical to the corresponding sample values.
Question 66
A company that operates three different types of factories is interested in the number of defective products produced. The following table gives the results of a sampling study done on the number of defective parts:
(a) Find an estimate of the total number of defective parts, using an unbiased estimation procedure.
(b) Find a 95 % confidence interval for this total.
Step by Step Answer:
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee