Question: Consider Exercise 5-21 and suppose that a cluster sample is chosen, where the randomly groups selected are (2) and (3). The total of all observations

Consider Exercise 5-21 and suppose that a cluster sample is chosen, where the randomly groups selected are (2) and (3). The total of all observations from group 2 is $7,100,000, while that from group 3 is $15,200,000.
(a) Estimate the mean spending and its standard error.
(b) Find a bound on the error of estimation using a 95% level of confidence.
(c) What are the disadvantages of using cluster samples in this situation?

Step by Step Solution

3.21 Rating (165 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a Here M 3 m 2 7000 1000 2 4000 Also t 2 7100000 and t 3 1520000 Standard error cl 17... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

918-M-S-Q-C-B-S (1009).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!