Repeat the sampling experiment in Describe how to apply stratified sampling to sample from the Credit Risk
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Repeat the sampling experiment in Describe how to apply stratified sampling to sample from the Credit Risk Data file based on the different types of loans. Implement your process in Excel to choose a random sample consisting of 10% of the records for each type of loan. for sample sizes 50, 100, 250, and 500. Compare your results to the example and use the empirical rules to
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Sampling Experiment 4 20 21 22 23 157 245 SAMPLES 1 2 3 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 1 030 361 928 405 359 076 496 089 542 620 190 217 958 672 017 138 953 523 619 864 171 702 537 911 2 788 ...View the full answer
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Related Book For 
Business Analytics Methods Models and Decisions
ISBN: 978-0321997821
2nd edition
Authors: James R. Evans
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